1. China Consolidates Its Position In The Iraqi Oil Sector

    ....33%.  Production from the field is expected to average 1.45mn b/d in 2013, rising to 1.55mn b/d in 2014. The production plateau in the Rumaila contract is 2.85mn b/d sustainable for seven years. BP and CNPC have proposed three lower plateaus and longer periods, but negotiations have been in...

    Volume: 56
    Issue: 48
    Published at Fri, 29 Nov 2013
  2. Condensate’s Growing Impact On Petrochemical And Transport Fuel Markets

    ...oduction will remain range-bound at 105,000-115,000 b/d, until 2014-16. It is unclear whether Malaysia’s policy of limiting exports will remain unchanged when faced with another surge in new condensate output likely post-2016. Singapore’s use of condensate has steadily risen since the mid-1990s, on in...

    Volume: 51
    Issue: 48
    Published at Mon, 01 Dec 2008