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Ministers approve continued oil and gas output
The Cabinet has approved the continuation of production from oil and gas areas whose contracts have expired or are nearing their expiration, in order to maintain production levels and benefit from existing investments and infrastructure. The decision is conditional upon all production being fully controlled by the General Petroleum Corporation, without any extensions or renewals of existing contracts, until the completion of legal procedures and the issuance of laws related to assignment or re-assignment. This measure aims to organize operations and protect the state's rights in managing oil regions.
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