100 Mbbl/d increase in Canadian oil sands sends condensate demand up, AECO gas prices down
Enverus
APRIL 9, 2025
The report examines the effects on AECO hub gas pricing, the Canadian benchmark price for natural gas, from what is expected to be exceptional levels of condensate-directed Montney drilling in the coming years. This will result in substantial demand growth for in-basin condensate volumes because of increased need for diluent.
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