Natural gas to methanol
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Is the approval of new natural gas-to-methanol projects still prohibited at the moment?
Recently, the **Development and Reform Commission revised and issued a new Guidelines for Industrial Structure Adjustment (2011 edition). Compared with the Guidelines for Industrial Structure Adjustment (2005 edition) issued by the commission in 2005, additional restrictions were added regarding petrochemical projects in the category of restricted industries: construction of methane production facilities using natural gas, as well as coal-based methane production plants with an annual capacity of 1 million tons or less (except those for integrated utilization), are now prohibited.
Recently, the **Development and Reform Commission revised and issued a new Guidelines for Industrial Structure Adjustment (2011 edition). Compared with the Guidelines for Industrial Structure Adjustment (2005 edition) released by the commission in 2005, additional restrictions were added regarding petrochemical projects in the category of restricted industries: construction of methanol production facilities using natural gas, as well as those using coal with a capacity of 1 million tons per year or less (except for those involving comprehensive utilization), is prohibited.