Production of crude oil, condensate up 0.9% in 4Q, export value rises to RM9.3bil - DoSM

PUTRAJAYA: The production of crude oil and condensate went up 0.9 per cent to 49.1 million barrels in the fourth quarter of 2023, backed by a surge in condensate, according to the Department of Statistics Malaysia (DOSM).

It said there was a 23.8 per cent surge in condensate production after registering 16.2 per cent growth in the previous quarter.