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Gas

Strategy&, part of the PwC network, stated in a new report that GCC governments could generate US$10bn per year in additional GDP and foreign earnings or support the creation of 100,000 jobs by applying commercial principles to the management of their gas portfolios

Petrofac, a UK energy service company, has been awarded a contract worth US$1bn for engineering, procurement and construction services related to the Ain Tsila development project in Algeria

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