Syngas is produced by a steam reforming unit with at least one of a bayonet reactor for reforming steam and a hydrocarbon, a recuperative burner, and a regenerative burner such that the steam reforming unit produces little or no steam in excess of the steam reforming process requirements. The syngas is then converted to methanol in a methanol synthesis unit. Compressors for the synthesis unit are driven by higher efficiency drivers than are possible using the low temperature steam conventionally exported from a steam reforming unit.