VOL. XL

No. 16

21-April-1997

UAE

Mideast Condensate Market Holds Steady InSecond Quarter Trading, Defying Expectations

Defying expectations, the market for new Mideast condensates such as Abu Dhabi'sThamama and material from the Qatargas liquefaction venture have withstood traditionalsecond quarter pricing pressures remarkably well (MEES, 20 January). These condensate streams havebenefited from the surprisingly resilient market for spot-traded light crudes like Abu Dhabi'sMurban and Qatar Land,...