Qatar’s production capacity of condensate is projected to increase to 800,000- 900,000 barrels per day (b/d), up from 700,000 b/d after 2024, Reuters reports.
The boost in condensate production capacity comes from Qatar’s plans to expand liquefied natural gas (LNG) by 40%, according to Fereidun Fesharaki, chairman of consultancy FGE.
As a result of the production increase, Qatar’s condensate exports could rise to 500,000 b/d, up from 350,000-400,000 b/d, Fesharaki added.
Fesharaki mentioned that Qatar’s Barzan project is expected to commence in 2020, adding 300,000 b/d of condensates.