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I'm not sure about this, but I believe that New Zealand still has a methanol plant that uses natural gas as a feedstock, then exports its production.  Does anyone know if they have considered declaring force majeur to close that plant and conserve some of their remaining gas?

Also, I think that approximately 10% of NZ's electricity is used by a single aluminum smelter on the South Island.  Bauxite arrives on ships, is processed at dockside, and refined aluminum goes out.  If they have enough transmission capacity to move the electricity northwards, then closing this plant would help a lot.

It is disconcerting to realize that the imminent energy crisis will hit their export sector first.  But then, both of these plants are owned by foreign companies, and I don't know how much of the actually profit stays in NZ.

by corncam on Mon Nov 21st, 2005 at 12:44:34 PM EST
This points to a more general note that it will be politically easier to make industry pay first for higher energy prices (rather than the population). But closing such big discrete factories like an aluminium or a methanol plant will quickly have a macro economic impact on the country, thus not postponing the reckoning by much...

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Mon Nov 21st, 2005 at 12:55:01 PM EST
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