The Ministry of Finance of the Islamic Emirate announces the signing of the oil and gas extraction contract of "Qashqari" in Sarpul province between China and Afghanistan.
Publish dateTuesday 2 August 2022 - 08:41
Story Code : 256484
Afghan Voice Agency (AVA) - Kabul: Based on the announcement of the Ministry of Finance, this contract was signed on Monday (August 1) between the Minister of Finance of the Islamic Emirate and the head of the Chinese company "Exos".
The announcement added that the extraction of oil and gas from Qashqari-Sarpol with the participation of 20% of the state-owned Afghanistan Oil and Gas Company by this Chinese company is going to start soon.
China is one of the countries that has shown more interest in investing in Afghanistan after the Islamic Emirate dominated Afghanistan.
Previously, Mullah Baradar, the first deputy prime minister of the Islamic Emirate, at the head of a high-ranking delegation, had inaugurated Qashqari oil during a trip to Sarpul province.
The Minister of Mines of the Islamic Emirate, Delavar, also said at the opening ceremony of the Qashqari mine that the income from this oil well will be spent on the reconstruction of Afghanistan, and a large part of it will be allocated to Sarpul province.
Sarpol and Faryab provinces have three oil wells named Qashqari, Bazar Qami and Zamardsai, which according to official statistics, the amount of stabilized reserves in this area is estimated at 87 million barrels.
This oil mine has 10 wells, which will earn up to 14 million afghanis on average daily.
The announcement added that the extraction of oil and gas from Qashqari-Sarpol with the participation of 20% of the state-owned Afghanistan Oil and Gas Company by this Chinese company is going to start soon.
China is one of the countries that has shown more interest in investing in Afghanistan after the Islamic Emirate dominated Afghanistan.
Previously, Mullah Baradar, the first deputy prime minister of the Islamic Emirate, at the head of a high-ranking delegation, had inaugurated Qashqari oil during a trip to Sarpul province.
The Minister of Mines of the Islamic Emirate, Delavar, also said at the opening ceremony of the Qashqari mine that the income from this oil well will be spent on the reconstruction of Afghanistan, and a large part of it will be allocated to Sarpul province.
Sarpol and Faryab provinces have three oil wells named Qashqari, Bazar Qami and Zamardsai, which according to official statistics, the amount of stabilized reserves in this area is estimated at 87 million barrels.
This oil mine has 10 wells, which will earn up to 14 million afghanis on average daily.
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