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Methanex plans to idle New Zealand plants as gas supply dwindles
Source: reuters.com
Company FundamentalsEnergy Markets & PricesTrade Policy & Supply Chain
Methanex said it will sell “substantially” all of its New Zealand natural gas contractual entitlements starting Q1 2027. The move suggests a significant change in its NZ gas supply exposure, but no financial magnitude or guidance impact was provided in the report. Overall, it is likely a modest negative/neutral read-through for Methanex’s future supply/contracting position.
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