Save the Dates and Join Us in Penang, Malaysia for the CNF Forum, 13 – 14 November 2024
Bridging Horizons: New Condensate Supplies & Naphtha Transitions
In the foreseeable future, significant shifts are expected in the global energy landscape, particularly in the realms of condensate supply and naphtha markets. As new projects come online and geopolitical tensions persist, the dynamics of these sectors will undoubtedly undergo profound transformations.
Update on Condensate Supplies and Naphtha Market Dynamics
- Anticipation of a surge in condensate supplies driven by major projects like Qatar's North Field expansions and Saudi Arabia's Jafurah Basin initiative
- Projections indicate an additional 500 kb/d of condensate entering the market from 2025 to the early 2030s
- Despite economic uncertainties and geopolitical tensions, the resilience of the naphtha market remains evident
- The Asia Pacific naphtha deficit is forecasted to widen by the late 2020s, signalling potential opportunities and challenges
- Naphtha's value relative to crude is expected to strengthen amidst evolving global petrochemical dynamics
Join top management and energy experts from leading condensate producers, buyers and sellers in-person in Penang at the CNF Forum this year, for frank discussions on the factors above and the opportunities and challenges of the industry. - Click the link below for further details
