It is essential to consider the potential for methanol production in Nigeria in the context of challenges such as infrastructure development, regulatory frameworks, and global market dynamics.





•The global methanol market was valued at over US$37 billion in 2021, and is expected to grow to over US$62 billion in the coming decade.
•Methanol is used in a wide variety of products. It is a base chemical compound in the chemical industry Due to its high energy content at 22.2 MJ/kg, it can serve as energy carrier as well as hydrogen carrier.
•It is used as transportation and industrial fuel for internal combustion engines (ICEs) and household appliances. It can replace gasoline, diesel and natural gas. In addition, it stores energy more safely than hydrogen or methane due to its liquid state.
•The produced methanol can have different purity levels depending on the requirements determined by the type of application.

