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Qatar and the United Arab Emirates each extended a concession to an offshore oil field they share to a Japanese consortium Tuesday despite a diplomatic crisis between the two of them tearing at the region.The field produces oil for United Petroleum Development Co. Ltd., which is a Japanese company owned by Cosmo Energy Exploration & Production Co. Ltd., JX Nippon Oil & Gas Exploration Corp. and Mitsui Oil Exploration Co. Ltd.However, the ongoing boycott has seen the four Arab nations cut off land, sea and air routes to Qatar over a variety of allegations including Qatar backing extremists and maintaining too-close ties to Iran.
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