Methanex | Egypt Oil & Gas - Part 2

EGAS Reroutes Gas to Power Plants

The Egyptian Natural Gas Holding Company (EGAS) has halted gas supplies to major fertilizer manufacturers as the facilities undergo annual maintenance procedures and EGAS aims at rerouting the supply to power plants ...

Khaled Abdel Badie: Stable Gas Supply to Fertilizer Factories

EGAS Chairman, Khaled Abdel Badie, affirmed the regularity of the natural gas supply to fertilizer factories, reported al-Masry Al-Youm.

Methanex to Restart Plant in Damietta After Problems

Canada-based methanol producer Methanex has been advised to restart its idled plant in Damietta by mid-May, the company’s CEO, John Floren, said.

Methanex to Sell a 10% Equity Share in Its Egyptian Joint Venture

Methanex Corporation has agreed to sell an approximate 10% equity share in Egyptian Methanex Methanol Company S.A.E. (EMethanex) to Arab Petroleum Investments Corporation (APICORP) for $110 million.

Methanex says to shut down Egypt plant

Canada's Methanex Corp, the world's largest methanol supplier, said it will shut down its plant in Egypt due to political unrest in the country, sending its shares down 2 percent.

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