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MethanolMarathon owns a 45 percent interest in the Atlantic Methanol Production Company LLC (AMPCO) Equatorial Guinea methanol plant, which supplies customers in Europe and the United States. The plant converts approximately 130 gross million cubic feet per day of natural gas into methanol and has a gross capacity of approximately 3,030 metric tonnes per day. Like liquefied natural gas (LNG), methanol is an efficient way of developing and transporting stranded natural gas to growing markets. Methanol is used as an alternative fuel, as well as a solvent for paints, varnishes, cements, inks, plastics and various industrial coatings, and in the production of pharmaceuticals and other chemical products. |
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