Meanings of condensate exports in English

Earlier this week, Senator Lisa Murkowski, a Republican from Alaska, urged the government to bypass current regulations by allowing condensate exports.

The questions add to unease among some oil producers about what exactly is permissible, and may temper expectations of a rapid rise in condensate exports.

Morse said U.S. condensate exports could rise from 200,000 bpd to as much as 1 million bpd by the end of next year.

Iranian condensate exports to South Korea will fall by half from the month before to about 153,000 bpd in October, the source said.

Blueknight also may build a 50,000 bpd condensate stabilizer at its Cushing terminal to allow for condensate exports to Canada or the U.S. Gulf Coast.

Condensate exports by truck to Turkey began last summer, and hit a high this month, despite the stoppage.