Condensate trade will reshape crude, gas markets East of Suez.

The article presents an outlook for the global condensate trade for 2010-20. It expects continued growth for segregated condensate volumes in the east of Suez Canal market in the near term, particularly Middle East gulf countries. Also expected is for Saudi Arabia to post a two-third increase in its segregated condensate output by 2015. It notes the important role of condensate splitting in reducing or eliminating the need for gasoline imports in Iran.