Pe­ter Christo­pher

The Na­tion­al Gas Com­pa­ny of Trinidad and To­ba­go Lim­it­ed (NGC) says the price of gas—not gas sup­ply vol­umes—prompt­ed Methanex’s de­ci­sion to in­def­i­nite­ly idle its Ti­tan plant.

In a re­lease yes­ter­day af­ter­noon, NGC said it wished “to place in prop­er con­text the facts sur­round­ing this de­ci­sion.”