OGJ Newsletter

06/30/2014
GENERAL INTEREST — Quick Takes DOC authorizes EPP, Pioneer to export condensate Two companies have received authorization from the US Department of Commerce to sell condensate outside the US, and analysts expect the sales—probably involving condensate from the Eagle Ford in South Texas—could begin in August. DOC's Bureau of Industry and Security (BIS) issued a private ruling on June 24 saying Enterprise Products Partners LP and Pioneer Natural Resources Co. could sell condensate to foreign buyers. Few details were immediately available. "[DOC's] determination has led to further clarity about what the definition of processed might mean," said Michael Cohen of Barclays Research ...
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