VOL. XLVI

No 38

22-September-2003

OPEC

SUPPLY/DEMAND

OPEC NGLs Set For Record Production Growth In 2004, Says PFC Energy

Production by OPEC countries of natural gas liquids (NGLs) is set to rise at a record rate in 2004, with total NGL production growth averaging 600,000 b/d in the year, compared to average annual increases of 70,000 b/d in the period 1998-2002, according to PFC Energy. In a report issued on 11 September entitled OPEC NGLs: Saudis Lead record-Setting Increases, PFC Energy market...