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Oil and Gas Affairs Minister and National Oil and Gas Authority (Noga) chairman Dr Abdulhussain Mirza also stated that Bahrain could no longer indefinitely maintain high fuel subsidises and that they should be redirected to benefit the most needy.
Al Menbar MP Mohammed Al Ammadi said the bloc did not agree with the random removal of subsidises.
He said a study was needed to give a clear picture about the consequences of redirecting subsidises.
Mr Al Ammadi said he didn't think redirecting subsidises would stop investors from coming to the country because Bahrain had other benefits to offer.