The U.S. has a surplus of light hydrocarbon liquids – much of it in the form of field condensate produced at the wellhead and plant condensate extracted from natural gas at processing plants. Declining domestic demand leaves both field and plant condensate increasingly reliant on export markets. Trouble is those export markets are far from secure and the oil price crash isn’t making things any easier. Today we preview RBN’s latest Drill Down report – a deep dive into the supply and demand balance for field and plant condensate.
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