QatarEnergy signs condensate deal with the UAE

Qatar inks condensate supply deal with the UAE

DOHA, July 10, 2023 – QatarEnergy has signed a 10-year condensate supply agreement with UAE’s Emirates National Oil Company Group (ENOC), the Qatari NOC announced on Monday.

Under the deal, Qatar will supply up to 120 million barrels of condensate to ENOC starting in July 2023.


The contract also stipulates increasing condensate volumes.

Production of condensate in Qatar is expected to rise as the North Field East and North Field South expansion projects come on line.

“We are pleased to sign this long-term condensate sale agreement, further strengthening QatarEnergy’s relationship with ENOC, which extends back to 2008,” said Saad Sherida Al-Kaabi, president and CEO of QatarEnergy.

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