Post by Gregory McGuire

The Governor of the Central Bank, Mr. Larry Howai, has suggested that the idling of Methanex's Titan methanol plant need not result in a net loss of foreign exchange to Trinidad and Tobago — that gas freed by the shutdown could be diverted to LNG or other petrochemical facilities, potentially generating equal or greater earnings for NGC and the country. With respect to Mr. Howai, this view, while not without theoretical basis, represents the most optimistic of several possible outcomes and rests on market conditions and commercial choices that are by no means guaranteed to materialise.