Condensates in World Commerce-A Global Condensate Forecast
Some believe that the world is running out of oil. The informed consensus is that this is not so for some time, that more liquid hydrocarbons can be extracted from the ground to meet growing demand over the next decade or so. But the composition of what is produced will in all likelihood change. It will move more heavy as more heavy oils are produced and refined; and it will move more light as more condensate is produced as a by- product of new gas production.