A gas condensate production plant comprises a plurality of separation units in which C2 and/or C3 lighter components are stripped from the separator feeds using compressed heated stripping vapor produced from the feed in respective downstream separation units. Contemplated plants substantially reduce heating and cooling duties by using the waste heat from the compressor discharges in the separation process. Furthermore, the multi-stage fractionation according to the inventive subject matter provides improved gas condensate recovery at reduced energy costs.