Gas condensate capacity to increase substantially in Middle East, Asia

Condensate production in the Middle East and Asia will more than double through 2008 and increase by an additional 60% by 2013, according to a new study.The joint study by FACTs Inc. (, Honolulu, and Asia Pacific Energy Consulting, Seattle, “Condensate Outlook-East of Suez 2005,” examines base condensate’s growing role in East of Suez crude and product markets and forecasts supply, demand, and export availabilities for this NGL and the products derived from it.East of Suez, as defined in the study, includes the Middle Eastern countries Saudi Arabia, Iran, UAE, Qatar, Iraq, Oman, and Yemen, as well as the Asia-Pacific countries India, Pakistan, Bangladesh...

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