Gas shortage behind plant closure

.” Explaining that Methanol Holdings had to run its five plants below peak capacity because of the gas shortage, Rowley said the company decided to close two plants to allow the other three to continue to operate. Rowley also said Government is not receiving foreign direct investment from the Venezuelan government with respect to recent TT-Venezuela energy agreements but will receive a supply of natural gas from Venezuela. He outlined a few smaller US million-dollar investments which Government has been able to attract since September 2015. Rowley also said progress is being made with respect to negotiations with Venezuela on TT receiving a supply of gas from that country’s maritime Dragon Field.