Methanex to exit New Zealand natural gas business indefinitely
Methanex said it plans to exit New Zealand’s natural gas industry, citing a continued decline in supply. It agreed to sell substantially all natural gas contractual entitlements as they expire through the end of the decade.
By Elias SchisgallMethanex said it plans to exit the New Zealand natural gas industry, citing a continued decline in supply.The Methanol producer on Tuesday said it agreed to sell substantially all of its natural gas contractual entitlements in the country as they expire through the end of the deca…