Emirates National Oil Co Search For Condensate

Emirates National Oil Co (ENOC), oil refining company, is looking for a supplier of condensate. It was to replace supplies from Iran embargoed by the United States (U.S.). Condensate is the fraction of oil that can be refined into fuel oil (BBM).

ENOC Management say they need large amounts of condensate supply. You see, as long as they have always relied on the supply of raw material for Iranian oil refinery at Jebel Ali port with a capacity of 120,000 barrels per day. "We will import condensate from countries in the Middle East and Asia," said ENOC management.

Dubai actually has a fairly large reserves of crude oil, about 6% of the global total. However, the amount was not enough to meet the needs of the oil refinery plant. They also had to find suppliers from outside Iran since the U.S. embargo would also anyone who is still buying oil from Iran.