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    US$489m for NGC – Revenue from sale of methanol and DME

    On 11-04-2015

    The National Gas Company (NGC) could earn between US$234 million to US$489 million from the sale of methanol and dimethyl ether (DME) when a new petrochemical complex to be constructed at Union Estate, La Brea, comes on stream.

    This estimate was given by Energy Minister Kevin Ramnarine following the signing of a project agreement for the facility by representatives of Mitsubishi Gas Chemical Company Inc, Massy Holdings, Mitsubishi Heavy Industries Ltd, Caribbean Gas Chemical Ltd, National Gas Company, Mitsubishi Corporation and the ministry yesterday.

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