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  <description>2006 news and features</description>
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  <copyright>(c) 1996-2009 AME Info FZ LLC / Emap Limited. All rights reserved.</copyright>
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    <title>Yemen eyes GCC nuclear plan</title>
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    <pubDate>Sun, 31 Dec 2006 15:39:41 +0400</pubDate>
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        Yemen is keen to join a nuclear energy programme currently being considered by neighbouring GCC countries according to President Ali Abdullah Saleh and cited by Reuters. The GCC is to look at a peaceful nuclear option amid geopolitical concerns over Iran's objectives with its nuclear activities. 
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    <title>Dana eyes Sabic deals</title>
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    <pubDate>Sun, 31 Dec 2006 10:02:13 +0400</pubDate>
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        Dana Gas has held meetings with officials from the Saudi Basic Industries Corporation in order to discuss possible avenues for co-operation. The Sabic delegation visited Dana's facilities at Sajaa in Sharjah and Rashid Saif Al Jarwan, Dana's GM, said he hoped future joint agreements would follow which would boost the firm's position in the regional gas sector.
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    <title>Iran, refining capacity boost</title>
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    <pubDate>Sun, 31 Dec 2006 07:55:53 +0400</pubDate>
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        Iran is to crank up its oil refining capacity in the next few years to meet burgeoning local and international demand, reported Bloomberg citing the IRNA news agency. The country is aiming to hit a refining capacity of 2m barrels per day by 2011 once an assortment of upgrading programmes is completed. It is hoped Iran will be able to process 3.2m bpd by 2021; it can currently refine just over 1.3m bpd.
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    <title>Iraq to tempt Russian firms</title>
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    <pubDate>Sat, 30 Dec 2006 11:22:47 +0400</pubDate>
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        Iraqi Foreign Minister Hoshyar Zibari has held talks with the Russian Ambassador Vladmir Gamov about the possible return of Russian oil companies, including Lukoil, to the troubled nation, reported the KUNA. The talks also touched upon the issue of bilateral trade and the future operation of Russian firms in Iraq. It is hoped Lukoil will send a delegation to Iraq to discuss possibilities.
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    <title>DME to delay futures launch</title>
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    <pubDate>Sat, 30 Dec 2006 10:09:33 +0400</pubDate>
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        The Dubai Mercantile Exchange has put back the launch of its Oman crude oil futures contract until at least March as it irons out various details, according to un-named industry sources cited by Reuters. The DME hasn't officially given a launch date but the contract was widely expected to be traded from mid February. One Singapore based source said concerns over the physical delivery process could delay the launch.
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