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National Gas Storage Company (NGSC), a subsidiary of National Iranian Gas Company, has commissioned the countrys first underground storage facility at the Sarajeh reservoir near the city of Qom.

Iran will build the countrys first gas-to-liquid (GTL) refinery for converting natural gas to gasoline according to deputy minister of industries and mines.

BP Oman has completed an extended well testing (EWT) programme of the gas-rich Block 61 concession in Northern Oman with the oil giant estimating that it will invest up to US$15 billion in the field.

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