Methanol Development

Nova Atlantic maintains a focus on strategic endeavors associated with the development of Methanol worldwide. Methanol is a liquid at ambient temperature and is developed from stranded natural gas reserves. As the indigenous reserves in North America and Europe decline, Methanol and its derivatives will become an increasingly viable energy import " tool”.

Distant reserve development plans can incorporate Methanol-based technology for development and for transportation. While LNG (Liquefied Natural Gas) is useful to develop larger fields, Methanol and its derivatives can be used for smaller-field development (field sizes less than 500 BCF). New technologies, clean burning turbines, and favorable storage characteristics will allow a key Methanol derivative, Dimethyl Ether (DME), to become a significant, clean burning energy alternative.

Nova Atlantic develops natural gas solutions for Methanex. Our focus is to optimize and develop low-cost natural gas supply for Methanex plants now and for new complexes in the future.