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Neighbours trying to impede mining projects: Shahrani

in Afghan Business

Neighbours trying to impede mining projects: Shahrani

by Abdul Qadir Siddiqui

Minister of Mines Wahidullah Shahrani on Tuesday alleged some neighbouring countries were threatening mega mine projects in order to impede Afghanistan’s economic revival.

“History shows that the enemies of Afghanistan have always tried to block fruitful projects and economic development of the country,” Shahrani told a news conference in Kabul.

Without naming the foes of Afghanistan’s economic recovery, he said the government — undeterred by threats — was taking steps to implement projects in a proper way.

He announced fuel extraction from the Amu River zone would start in late September, for the first time ever in a country battered by decades of conflict.

On December 28, 2011, Afghanistan and China signed their first-ever oil and gas deal. Under the major oil exploration agreement, the state-owned China National Petroleum Corporation (CNPC) will develop three oil fields along the Amu River in northern Sar-i-Pul and Faryab provinces.

Six oil and gas zones were recently identified in the energy-deficient country — Afghan-Tajik, Amu River, Koshk, Terpul in Herat, Katawaz and Helmand.

The Afghan-Tajik basin was found by a Canadian company. The area starts from Hindukush Mountains in the east to the Amu River in the west and to Albarz mountains of Balkh province in the south.

Source: Pajhwok News

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