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Punta Arenas largest single industry leaves for Louisiana: insufficient gas supply

Monday, July 30th 2012 - 07:08 UTC
Full article 26 comments

The world’s largest supplier of methanol, Canadian-based Methanex, will invest 550 million dollars to relocate a methanol production plant from the extreme south of Chile to a 225-acre site in Geismar, Louisiana. Read full article

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  • Captain Poppy

    The Botox Bitch of Buenos Aires is good. Without even trying she gets business out of Chile. .....Just think if she focuses like she does on Argentina Hip hip hoorah!!! Good for my country.

    Jul 30th, 2012 - 10:15 am - Link - Report abuse 0
  • WestisBest

    Wow, so that's how much Argentina value it's Mercosur partners.

    Jul 30th, 2012 - 10:52 am - Link - Report abuse 0
  • GeoffWard2

    “the Kirchner couple arrived and ignoring international contracts gave preference to the domestic market thus endangering the future of the plant which had to successively shut three out of four production modules.
    Magallanes region gas production is insufficient and recent discoveries have been too slow in developing.”

    It was always risky relying on another nation to fulfil its feedstock contact; especially when there has been such 'dynamic tension' between Chile and Argentina.
    West#2, Chile is in a different trade bloc.

    Jul 30th, 2012 - 11:02 am - Link - Report abuse 0
  • Islander1

    Bad news for Chile today - but serves the Govts of that time right for being so stupid in depending on Arg for energy!

    Jul 30th, 2012 - 11:19 am - Link - Report abuse 0
  • Captain Poppy

    Argentina reminds me of the Asop fable of the scorpian and the frog......This hurts them just as much.

    Jul 30th, 2012 - 12:20 pm - Link - Report abuse 0
  • JohnN

    If there is commercial quantities of natural gas in the Falklands fields, would be idea to run an underwater pipeline to PA.

    Jul 30th, 2012 - 12:47 pm - Link - Report abuse 0
  • ManRod

    let them go, I still hope ENAP will have a deal with the Falklands...

    Jul 30th, 2012 - 12:53 pm - Link - Report abuse 0
  • Britninja

    Argentina is truly the ASBO neighbour from hell.

    Jul 30th, 2012 - 01:10 pm - Link - Report abuse 0
  • Sergio Vega

    Well, we are living the consecuence of another Argentine Gvt. disrespect of signed deals....Even we are acustomed to that fact it hurts us because Methanex was a provider of a first class direct employement with very good payments but no much numerous. Indirect employements due this activity were importants too.
    The local gas production have never been enough to hold the 4 train plant (almost just for one of them) and that was the reason that Methanex have signed a deal for the gas supply from our neighbors and to built another plant on the Argentine side of Tierra del Fuego.....but the elbow has worked again deleting what the hands did.....
    As ManRod said, maybe if the gas ammount from FI wells is enough it will be possible to carry it to Magallanes before all the plant have been dismantled or if not, some of them can be moved to the FI as they are clean production ones.
    BTW, Chile is an associated member of Mercosur, not full, but some kindness would be expected from our neighbor...considering it has been involving us into its bi-lateral issue with the FI Gvt. over the islands sovereignity.

    Jul 30th, 2012 - 01:51 pm - Link - Report abuse 0
  • ChrisR

    No kindness can ever be expected from The Mad Bitch Of Argentina for ANYBODY, her own people or her neighbours count for nothing.

    The sooner this despicable woman leaves, or is assassinated, the better.

    Jul 30th, 2012 - 02:57 pm - Link - Report abuse 0
  • David Cameron

    Just saw Team GB beat Argentina in the Hockey, trounced the cheats 4-1 should have had better training facility's other than a war memorial Argys. Give my regards to Chrissy.

    Jul 30th, 2012 - 09:07 pm - Link - Report abuse 0
  • JoseAngeldeMonterrey

    It makes sense as the Canadian company sees the opportunity to benefit from the Shale Gas boom happening in the US and that has brought very low gas prices, and they will stay low for years to come.
    It is a lesson for many countries that have been slow to exploit their shale gas reserves, some five or ten years ago you could go to the futures market and secure a good price for the gas you were going to take out, as world prices were going up and up, that´s what many did in the USA, their investments on shale gas deposits were money-savvy, they seized the moment.

    Jul 31st, 2012 - 12:28 am - Link - Report abuse 0
  • Marcos Alejandro

    9 Sergito Vega
    A few days ago you wrote:
    “R.I.P. Argentina....sorry, neighbors”

    And now...“Punta Arenas largest single industry leaves for Louisiana”
    Oh no you beloved city!
    Bad karma neighbor :-))

    Jul 31st, 2012 - 05:04 am - Link - Report abuse 0
  • ManRod

    ”Bad karma neighbor :-))“

    Marcos, bad karma is not something that you guys should ”shout in to the woods” too loud after what you have recently done with your neighbours Paraguay, now with Uruguay, bullying the Falklands population and last but not least... your own population. You, as the rather clever one of your kind (compared to BK and other real lunatics) should have a sense for. That's alot of accumulated bad karma...

    Jul 31st, 2012 - 07:37 am - Link - Report abuse 0
  • JoseAngeldeMonterrey

    Chile is the least affected by arrogant policies of their neighbors. Car manufacturers are closing down plants in Argentina and Uruguay thanks to protectionism among Mercosur partners, who are setting tariffs on hundreds of products. It is ridiculous to see how Mercosur is nothing but a piece of paper, Argentina is stopping all kinds of exports from Brazil, including machinery and cars, Brazil´s doing the same thing.

    It goes to show that Chile´s made the right decision by staying out of that circus and joining the Pacific Alliance, a true free trade agreement with serious partners.

    Jul 31st, 2012 - 10:02 am - Link - Report abuse 0
  • GeoffWard2

    #15
    Agreed

    Jul 31st, 2012 - 10:51 am - Link - Report abuse 0
  • ChrisR

    @15

    Absolutely correct.

    Jul 31st, 2012 - 12:25 pm - Link - Report abuse 0
  • Joe Bloggs

    15, 16, 17

    Yes, agreed also. Argentina, and anyone else for that matter, could learn a thing or two from Chile. She leads the way in the region in many economic and social indicators. Second only to the Falklands in many things, she continues her steady upwards growth in most areas.

    Jul 31st, 2012 - 09:31 pm - Link - Report abuse 0
  • JohnN

    18 Joe: Well, Chileans might have a quibble that they are second to Falklands in many things! However, given that the proportion of Chileans in the Falklands (and I'm sure very welcome they are too) is most probably higher than the proportion of Falkanders in Chile (not hard to do given the relative difference in population size!), maybe there is a draw of jobs towards the Falklands that does attract some Chileans? In any case, great to see the Chilean-Falklands friendship Facebook page:
    https://www.facebook.com/pages/Grupo-Chileno-de-Solidaridad-con-Falklands-Chile-supports-the-Falklands/254740114595243

    Aug 01st, 2012 - 12:32 am - Link - Report abuse 0
  • British_Kirchnerist

    #10 You don't come across as a “kind” man yourself on here! As for Cristina, I think the poor will see her lifting them out of poverty as a much greater kindness than continuing neoliberalism as you would have wanted

    Aug 01st, 2012 - 08:41 pm - Link - Report abuse 0
  • Captain Poppy

    Why can't the poor get a job and doo it themselves?

    Aug 01st, 2012 - 09:16 pm - Link - Report abuse 0
  • Simon68

    21 Captain Poppy (#)

    Because the stupid bitch and her trained assasin, Moreno, have fu*ked up the economy to such an extent that there are no jobs!!!!!

    Aug 02nd, 2012 - 04:20 pm - Link - Report abuse 0
  • British_Kirchnerist

    #21 Surely its easier for the poor to get a job with the expanding post-2203 economy than in the neoliberal collapse of 2001!

    Aug 02nd, 2012 - 04:51 pm - Link - Report abuse 0
  • Captain Poppy

    #22
    That was rheotorical. That is the great problem with socialism and the concerns internally with the Botox Queen. She does not creat opportunites for self improvement, she only creates dependency........Simon, you know anthing about the post 2203 economy? Got a crystal ball?

    Aug 02nd, 2012 - 06:18 pm - Link - Report abuse 0
  • ChrisR

    Blind_Scottie_Kirchnerist

    Most people who meet me think I am a very nice chap, which I am provided:

    1) they do not abuse my family (this includes the people of the Falklands and Uruguay, we all have to stick together);
    2) they do not hurt my dogs;
    3) they do not try to rob me, either directly or indirectly (in business);

    If any of these clauses are broken I give them a chance to make amends.

    If no amends are made they find out that I am also a serious guy to upset and I ALWAYS get a 'resolution', however long it takes.

    That is why your 'queen' and her despicable government and 'Dead Man Walking' are fair game as far as I am concerned.

    You are just deluded and possibly a traitor to your country, but do not rate any consideration from me other than pity.

    Aug 02nd, 2012 - 07:12 pm - Link - Report abuse 0
  • Captain Poppy

    #25
    Though I am only an American.....BK certainly is a traitor to his cocuntry. Worst of all he talks of SA, mainly Argentina with an errection and yet, he's never at the very least vacationed there. Take his oxygen.

    Aug 02nd, 2012 - 09:08 pm - Link - Report abuse 0

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