Overview
Erawan Condensate is produced at the Gulf of Thailand and is loaded from a FSU (Floating Storage Unit). Cargo sizes range from 100,000 to 300,000 barrels with a maximum ship size of 120,000 dwt. Typically, the cargoes are sold domestically off a basket of light crude and condensate. Occasional cargoes are exported with pricing based off APPI (Asia Pacific Petroleum Index) Tapis or NWS qutoes. The production rate is approximately 40,000 to 50,000 barrels per day.