VOL. XXXIX

No. 39

24-June-1996

UAE

Abu Dhabi Exports First Thamama Condensate Cargo

The export launch of Abu Dhabi's new Thamama condensate stream kicked off at the beginning of last week, some two weeks earlier than had been expected. Spain's Cepsa appears to have edged out Austria's OMV as the first export customer to lift the new material. The Spanish refiner loaded around 600,000 barrels of Thamama condensate for its Tenerife and Cadiz refineries on 17 June. The sale now leaves...