QatarEnergy signed a long-term condensate supply agreement with ENOC Group, Dubai.
The 10-year sale agreement stipulates supply of up to 120 million bbl of condensates to beginning in July 2023. Terms of the agreement allow the parties to increase condensate volumes under the contract, as additional volume is expected to be exported from Qatar once North Field East (NFE) and North Field South (NFS) expansion projects come online.