Qatari Condensate Production On The Rise
Qatar’s condensate production is above 700,000 b/d and rising on the back of increasing gas output. It is more than replacing its crude output fall, which has dropped from a peak of around 860,000 b/d in early 2008 to about 735,000 b/d.
Condensate output received a boost from Doha’s strategy to focus on gas and diversify into petrochemicals, gas-to-liquids (GTL), LNG, NGLs and pipeline gas. Gas and its...