January 10, 2013

VANCOUVER, BRITISH COLUMBIA—(Marketwire - Jan. 10, 2013) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH)(SANTIAGO:Methanex) announced today it expects to idle its Chile operation in March 2013 due to anticipated insufficient natural gas supply. Methanex is currently operating one plant in Chile at low operating rates. In 2013, planned output from this plant represents less than 5% of Methanex's total production.

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March 9, 2010

VANCOUVER, BRITISH COLUMBIA—(Marketwire - March 9, 2010) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH)(SANTIAGO:Methanex) announced today its participation in the Tranquilo Exploration Block, located in southern Chile. Methanex's participation is part of a new ownership structure that involves both the Tranquilo and the Otway blocks. Previously, Methanex announced it had acquired a 16% ownership in a consortium to develop the Otway Block only. In the new ownership structure for both exploration blocks, Pluspetrol Chile S.A.

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July 16, 2008

VANCOUVER, BRITISH COLUMBIA—(Marketwire - July 16, 2008) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH)(SANTIAGO:Methanex) announced today that the Government of Chile has awarded the Otway gas exploration block to a consortium that includes Wintershall Holding AG, Geopark Holdings Limited, and Methanex Corporation. Wintershall and GeoPark each own a 42% interest in the consortium and Methanex owns 16%.

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May 5, 2008

VANCOUVER, BRITISH COLUMBIA—(Marketwire - May 5, 2008) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH)(SANTIAGO:Methanex) announced today that it has signed an agreement with ENAP (the Chilean state-owned oil and gas company) to accelerate gas exploration and development in the Dorado Riquelme exploration block and supply new Chilean-sourced natural gas to Methanex's production facilities in Chile. Under the arrangement, Methanex expects to contribute approximately $100 million in capital over the next three years and will have a 50 percent participation in the block.

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