Tag Archives | Condensate

Condensate and LPG Exports Continue

By Simon Kent. Iraq’s Ministry of Oil have announced that 2 cargoes, one of LPG, one of Condensate, have departed the export terminals at Basra. Iraq began exporting LPG earlier this year through its Basra Gas Company Joint Venture, a consortium of Shell, Iraq’s South Gas company and Mitsubishi as the minority stakeholder. Proceeds will […]

Condensate Exports Continue

By Simon Kent. Iraq’s Ministry of Oil have announced a 20,000 m3 shipment of condensate, the third since exports began in March. It is likely that the proceeds from this sale will go to pay IOCs, who are still owed funds for contractual work, as stipulated by their Technical Service Contracts. A number of observers […]