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Qatar announces huge rise in gas production amid diplomatic crisis

Qatar Petroleum plans to boost gas production from its giant North Field, which it shares with Iran, by 20 percent after new gas development, QP’s chief executive said on Tuesday, despite diplomatic tensions between the Gulf Arab state and its neighbors.

Qatar in April lifted a self-imposed ban on development of the North Field, the world’s biggest natural gas field, and announced a new project to develop its southern section, increasing output in five to seven years.

Read more at cnbc.com

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