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US condensate exports could benefit from supply-demand gap in Asia

A tightening in Asian markets, exacerbated by sanctions pressure and growing domestic consumption in Iran, affords US producers of ultra-light condensate crude the opportunity to export higher volumes to Asia, according to Morningstar Commodities Research

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A proven potential to increase output and a growing market in Asia, particularly from petrochemical plants in Japan, South Korea and China, gives the US a chance to increase market share, says Morningstar

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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