--- title: "阿美公司在第一階段啓動後向亞洲運送首批 Jafurah 凝析油 — OPIS" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/276997246.md" description: "沙特阿美已開始從其賈富拉氣田項目進行凝析油的商業銷售，首批貨物已運往泰國和印度。賈富拉項目是中東地區最大的富液頁岩氣田，計劃到 2030 年每天生產 20 億立方英尺的銷售氣。儘管凝析油對成品油市場的影響預計有限，但產量的增加可能會因過剩供應的擔憂而影響液化石油氣市場。預計將於 2027 年啓動的阿米拉爾石化綜合體可能有助於緩解未來的過剩風險" datetime: "2026-02-26T07:15:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276997246.md) - [en](https://longbridge.com/en/news/276997246.md) - [zh-HK](https://longbridge.com/zh-HK/news/276997246.md) --- # 阿美公司在第一階段啓動後向亞洲運送首批 Jafurah 凝析油 — OPIS Saudi Aramco has started commercial sales of condensate following the late-2025 launch of the first phase of its mega gas project, Jafurah, with the first cargo loaded in January heading to Thailand and India--a move that could add pressure to the regional feedstock balance, sources said on Thursday. As the largest liquid-rich shale gas field in the Middle East and the largest of its kind outside the U.S., the Jafurah gas plant is currently running at 450 million cubic feet per day following its initial startup. Upon completion by 2030, the project is expected to reach 2 billion cubic feet per day of sales gas, 420 million standard cubic feet/day of ethane and 630,000 barrels/day of high-value liquids, according to Aramco. While condensate shares a similar quality with light crude oil and can be processed through splitters to yield naphtha, gas oil, and jet fuel, market sources anticipate only a limited impact on the broader refined products market due to thin volumes. Instead, the primary market disruption is expected from the arrival of NGLs, with the first shipments estimated in late March following the initial condensate sales. This rise in production will particularly weigh on the LPG market at a time when petrochemical feedstocks are already under pressure from oversupply concerns. "Saudi Arabia doesn't have a history of exporting ethane due to domestic consumption needs, but the increased LPG volume has no outlet but to Asia," a Singapore-based trader said. "The export sale is sooner than expected," another producer source in China said, adding that the launch of the project will, on average, bring one additional LPG cargo to the market every month. The long-term impact of this supply surge may be mitigated by the 2027 startup of the Amiral petrochemical complex, a joint venture between Aramco and TotalEnergies. The 1.65 million mt/year cracker is integrated with the SATORP refinery in Jubail on the country's east coast, placed within the same coastal industrial corridor as the Jafurah field in the Eastern Province. Designed with flexible feed capabilities to consume naphtha and ethane, the new facility is seen by some market participants as a "new mouth to feed" that could help mitigate oversupply risks in the future. This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal. Reporting by Yiwen Ju, yju@opisnet.com; Editing by Lujia Wang, lwang@opisnet.com (END) Dow Jones Newswires February 26, 2026 02:01 ET (07:01 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### 相關股票 - [561360.CN](https://longbridge.com/zh-HK/quote/561360.CN.md) - [VDE.US](https://longbridge.com/zh-HK/quote/VDE.US.md) - [159731.CN](https://longbridge.com/zh-HK/quote/159731.CN.md) - [688717.CN](https://longbridge.com/zh-HK/quote/688717.CN.md) - [563150.CN](https://longbridge.com/zh-HK/quote/563150.CN.md) - [XOP.US](https://longbridge.com/zh-HK/quote/XOP.US.md) - [IXC.US](https://longbridge.com/zh-HK/quote/IXC.US.md) - [XLE.US](https://longbridge.com/zh-HK/quote/XLE.US.md) - [516570.CN](https://longbridge.com/zh-HK/quote/516570.CN.md) - [TTE.US](https://longbridge.com/zh-HK/quote/TTE.US.md) - [CRAK.US](https://longbridge.com/zh-HK/quote/CRAK.US.md) - [ENFR.US](https://longbridge.com/zh-HK/quote/ENFR.US.md) - [159309.CN](https://longbridge.com/zh-HK/quote/159309.CN.md) - [02570.HK](https://longbridge.com/zh-HK/quote/02570.HK.md) - [561760.CN](https://longbridge.com/zh-HK/quote/561760.CN.md) ## 相關資訊與研究 - [推 11 萬座加油站轉型 陸商務部：籌劃公佈「人工智慧 + 消費」政策](https://longbridge.com/zh-HK/news/286753977.md) - [艾羅能源 “掉隊”，去年淨利下降 40.61％，高管卻大幅漲薪](https://longbridge.com/zh-HK/news/286378368.md) - [鉅亨速報 - Factset 最新調查：菲利浦 66(PSX-US) EPS 預估上修至 17.36 元，預估目標價為 192.50 元](https://longbridge.com/zh-HK/news/286961725.md) - [匯豐將殼牌及雷普索爾升至「買入」評級，同步上調目標價](https://longbridge.com/zh-HK/news/286759993.md) - [川普增持美國藏壽司引發市場關注，全球經濟面臨供應危機與高通膨挑戰](https://longbridge.com/zh-HK/news/286788359.md)