Condor Energies Plans US$ 30 Million Capex for Saryozek LNG Phase 1

Bitget2026/10/16 22:45

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Condor Energies is reviewing its 2026 production exit-rate guidance of 18,000-20,000 barrels of oil equivalent per day.
August production averaged 17,122 barrels of oil equivalent per day, up 55% from December 31, 2025.
Kumli compression commissioning targets Q2 2027 at a cost of US$ 25 million, adding 30 million standard cubic feet daily.
Saryozek Phase 1 LNG commissioning targets Q2 2027, with capital spending of US$ 30 million and capacity of 200,000 liters daily.
Phase 2 commissioning targets Q2 2028, with capital spending of US$ 60 million and additional capacity of 750,000 liters daily.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Condor Energies Inc. published the original content used to generate this news brief on October 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Condor Energies Plans US$ 30 Million Capex for Saryozek LNG Phase 1

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