Department of Commerce Action on Condensate Exports

By Frank Vlossak.

The Department of Commerce has allowed the export of the light hydrocarbon known as condensate, approving an interpretation of current law that allows export of lightly-processed condensate as a refined product. While the action by the Department of Commerce may allow economical processing and export of growing domestic condensate production, it does not necessarily signal a broader loosening of the 1975 restrictions on crude oil exports.  
 

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