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المشهد العربي
Source: المشهد العربي
6 Hrsالمشهد العربي
Source: المشهد العربي
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Equatorial Guinea plans to pass a new hydrocarbons law next week, offering terms and incentives to attract exploration companies, draw investment, and stem the decline in oil production. Output fell to about 20,000 barrels per day in September, down from 140,000 six years ago. The law would allow more flexible contracts and a range of investment options, including direct negotiations over licenses and the creation of special economic zones.
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