Egypt gas redirection and sale proceeds

12 Months Ended

Dec. 31, 2023

Oil and Gas Assets [Abstract]

Egypt gas redirection and sale proceeds

Egypt gas redirection and sale proceeds:

In 2022, the Company entered into an agreement to redirect and sell the Egypt plant's contracted natural gas during an extended turnaround for a three-month period.

The Company has recognized $118 million ($59 million - attributable to Methanex) for the year ended December 31, 2022 to redirect and sell the contracted natural gas during the diversion period.