English | دری

Russia offers oil to Afghanistan at a discounted rate

in Afghan Business

Russia offers oil to Afghanistan at a discounted rate

oilRussia has agreed to sell oil to Afghanistan at a discounted price of USD 95 on each ton of oil and USD 55 on each ton of diesel fuel.

Afghan Ministry of Commerce and Industries approached Russia for an oil deal in a bid to tackle soaring prices of fuel in the Afghan market.

As per the agreement, the Afghan government will import 500,000 tons of oil from Russia.

According to the Afghan Ministry of Commerce and Industries officials, 20% of the oil would be imported by the Oil and Gas Enterprise and the rest would be imported by private companies.  The price for the oil in Afghan market would be set by the government with cooperation of private companies to control market prices and ensure profitability for the importers.



Related Articles

Samangan’s wheat production 13 times higher than last year’s

This year Samangan’s wheat yield reached 168,000 tons, compared to last year’s 13,000 tons. Last year wheat yields were hit

International Fund for Agricultural Development Project started in Parwan Province

Afghan Ministry of Rural Rehabilitation and Development (MRRD) has started the International Fund for Agricultural Development (IFAD) Project in Jabal

SCA completes 27 development programs in Samangan and funds 24 CDCs in Balkh

The Swedish Committee for Afghanistan completed 27 projects in Hazrat Sultan and Feroz Nakhcheer districts of Samangan. Meanwhile 24 Community

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.