Methanex enters into a supply agreement with Argentina gas supplier Co, via its wholly owned subsidiary Methanex Chile S.A., has reached an agreement with Total Austral S.A. of Argentina in relation to Total's natural gas delivery obligations pursuant to a long-term natural gas supply agreement between the two companies. Total will make a lump sum payment of US$42 million to Methanex in order to terminate the agreement and settle all potential legal disputes thereunder.

Briefing.com is the leading Internet provider of live market analysis for U.S. Stock, U.S. Bond, and world FX market participants.

Read more In play articles