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To: tinyowl

Yeah, maybe that “Oil Condensate” (gasoline? Kerosene) was going to be off-loaded to a Nork tanker somewhere and the South Koreans got wind of it. These are Iranians, right?


29 posted on 01/07/2018 8:40:06 AM PST by Tallguy
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To: Tallguy
Apparently, "Oil Condensate" is what condenses from high-pressure gas wells.

In an imperfect nutshell, the term "Oil Condensate", for ~legal purposes, describes product that is an unrefined oil that is not "crude oil", and therefore, not subject to US export laws regarding "crude oil" (as written), even though the stuff can't really be distinguished from light "crude oil".

30 posted on 01/07/2018 9:40:27 AM PST by Calvin Locke
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