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Qatar condensate production set to rise after 2024 with LNG expansion – FGE

* Qatar’s condensate production capacity is set to rise to 800,000-900,000 barrels per day (bpd) after 2024, from more than 700,000 bpd presently as it expands liquefied natural gas (LNG) production, Fereidun Fesharaki, chairman of consultancy FGE said on Tuesday

* This could increase Qatar’s condensate exports to 500,000 barrels per day, up from 350,000-400,000 bpd currently, he said at the Condensate and Naphtha Forum in Da Nang, Vietnam

* Qatar plans to expand its LNG production by 40%, which will also increase output of by-products such as condensate although there isn’t a timeframe for its completion yet

* Qatar’s long delayed Barzan gas project is expected to start in 2020, adding 30,000 bpd of condensate, Fesharaki said
Source: Reuters (Reporting by Shu Zhang)

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