June 26, 2014 – ADI Analytics was quoted again in the media recently this time on the issue of crude oil exports. The Australian Financial Review’s report of the U.S. Department of Energy’s company-specific approval of condensate exports from the Eagle Ford included comments from Uday Turaga, CEO of ADI Analytics. An excerpt is provided below:
Uday Turaga, chief executive of Houston-based energy advisory ADI Analytics, said relaxing the export ban would be positive for oil producers in the Eagle Ford.
“The producers are producing a lot of condensate and there is not enough demand from the [local] refinery market at this time,” Mr Turaga said. “They need an outlet and this provides them with [one].”
ADI Analytics recently helped an investor assess the regulatory framework of U.S. crude oil exports. Please contact us to learn more.
