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Bahrain will set up a company to increase oil and gas production in collaboration with US firm Occidental Petroleum Corp and Abu Dhabi's Mubadala Development Co.
"This aims at increasing the kingdom's production of oil and gas to provide for future needs," Oil Minister Abdul Hussain Mirza told the official BNA news agency. It did not give further details.
It signed a memorandum of understanding in the oil and gas sector with Russia's monopoly Gazprom in November 2008.
It has also held talks with neighbouring Iran over gas imports.
