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Repsol hits double delight

Spanish oil giant Repsol has made two new oil discoveries off the northern coast of Spain with a potential production of 8000 barrels per day, four times the group's Spanish production, a spokesman said.

"Repsol's made a couple of discoveries in Tarragona," the Repsol spokesman said yesterday.

Repsol currently produces around 2000 barrels of crude per day in Spain, Reuters quoted him as saying.

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