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Condensate Outlook Webinar 2021

Webinar Overview

FGE is delighted to be hosting a complimentary live update on the outlook for the condensate market in 2021, with a special focus on the petrochemical industry, and condensate's prospects during the recovery from the COVID-19 pandemic.

2020 was a year where the entire market was turned on its head after the initial collapse in demand, as governments frantically shut down their economies, killing oil demand and forcing record production cuts. Strength at the top and bottom of the barrel re-emerged for oil products, while for monomer/polymer markets different market drivers saw olefins and aromatics heading in different directions.

The coming year will be one to watch. On the demand side, a recovery is on the cards following the positive news around a vaccine. Will a recovery in transport fuel markets and petrochemical markets drive a tighter supply/demand East of Suez or will we see another round of large-scale petrochemical additions in China ruin hopes of a better year for integrated aromatics-focused splitters. On the supply side, geopolitics are front and center once again. Will we see the floodgates open for a wave of Iranian South Pars Condensate?

These questions and more will be addressed in FGE’s Condensate Outlook Webinar, which will be held on January 27, 2021. If you are interested in attending this webinar, please register using the link below.  

Webinar Details

Date: Thursday January 27, 2021

Times: 14:30-15:30 p.m. (London Time GMT) - Afternoon

Notes: Please note the timezones when registering. Registrations are subject to approval. Registrations must be from a company email address. Registrations from hotmail, gmail, or other free domains will not be approved.

If you are unable to attend this webinar, please contact our Marketing Team and we will arrange for you to receive a recording of the webinar after the event.



Register - Afternoon Session





  • Are members of the press/media allowed to attend?

    Unfortunately, members of the press/media are not allowed to attend FGE webinars. If there is anything specific you would like to discuss with FGE, including insights on market developments, please contact [email protected].

  • Will I receive a recording of the webinar? If so, when?

    All approved registrants will receive a link to a recording of the webinar, so you can view it in your own time. We aim to send the link out within 24-48 hours of the webinar taking place.


This webinar will cover the following topics:

  • Outlook for 2021
    • We look at the various scenarios at play after the US election and the potential for the return of South Pars Condensate.
    • Key drivers of splitter margins through 2021, from the refinery gate, to aromatics and olefins; what will drive condensate premiums in 2021?
    • A quarterly outlook on how balances will evolve through 2021.
  • Beyond 2021
    • COVID-19’s impact on upstream project startups. Who are the casualties and what does this means for 2025-2030 condensate supply?
    • Closures and additions: who will win the battle along the polyester supply chain in Asia and what does it mean for condensate?
    • A look at the new kids on the block: the viability of condensate splitter projects EoS over the next 10 years.
    • A look at the evolution of condensate balances through the 2020s and what it means for prices.




Iman Website
Mr. Thomas Olney

Global Head of NGLs, FGE Singapore

At FGE, Thomas leads our global coverage of NGLs, as well as our coverage of condensate and naphtha markets. 


Audrey Website
Mr. Tom Kenison

Senior Analyst, FGE London

Tom's main focus is on the fundamentals for the West of Suez NGLs market as well as upstream activity within the Middle East.


Audrey Website
Mr. Armaan Ashraf

Senior Analyst, Natural Gas Liquids, FGE Singapore

Armaan is currently a senior analyst in the Natural Gas Liquids team at FGE in Singapore. His coverage focuses on the short-term and long-term Condensate & Naphtha analysis as well as the dynamics of petrochemicals feedstock demand.


Audrey Website
Ms. Yitian Lin

Analyst, Condensate and Naphtha, FGE Singapore

At FGE, Yitian specializes in the Condensate and Naphtha markets with a focus on East of Suez region and plays a key role in the analysis and reporting for the Condensate & Naphtha monthly and annual report.