No government approval for U.S. condensate exports? No problem, says the lawyer who has been instrumental in poking a hole in the 39-year-old ban on most crude oil shipments. By early next year, most companies will be following the lead of BHP Billiton Ltd. (BHP) and exporting processed condensate without explicit approval from the Bureau of Industry and Security, said Jacob Dweck, a lawyer with Sutherland Asbill & Brennan LLP. That would allow a larger chunk of the 650,000 barrels a day of U.S. condensate to be exported. The U.S. banned most crude exports in 1975, with a few exceptions including shipments to Canada . Exports of refined products such as gasoline and diesel fuel are unrestricted. U.S. policy makers are under pressure to lift the export ban as companies pull record volumes of oil and gas out of shale formations from North Dakota to Texas , boosting domestic […]