Insight
2024 Diluent Outlook: supply and demand for condensate
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Report summary
The TMX pipeline came online in Q2 2024, which positively impacts oil production growth and corresponding diluent demand. Local supplies of diluent are sourced from the Montney and Duvernay plays, with continued need for US imports. The Diluent Outlook 2024 report explores our latest views on oil sands production, condensate supply and demand, condensate density, blending ratios and condensate infrastructure.
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