English | دری

Amu River, Afghan Tajik Oil is Sufficient, Mines Minister Says

in Afghan Business

Amu River, Afghan Tajik Oil is Sufficient, Mines Minister Says

Oil from Amu River and Afghan Tajik oil zones will not only be sufficient for Afghanistan, but also could export oil to other countries, Afghan Mines Minister Wahidullah Shahrani said today.

The oil extraction bidding process will be started in five months with a quantity of 5,000 barrels a day and the winner company is obliged to increase the quantity to 45,000 barrels a day, he added.

“Extraction of Amu River and Afghan Tajik oil zone will not only fulfill internal needs but also Afghanistan could export oil for the first time,” Mr Shahrani said at a press conference in Kabul today.

Meanwhile, a contract between Afghan Ministry of Mines and Terasize, a Canadian company, was signed today to determine the level of oil in Andkhoy and Aqina oil zones.

The $6.5 million project will be started immediately after signing this contract and will be completed within three months.

The Afghan, Tajik oil zone oil determination project was started earlier this year with total budget of the $12.5 million with the help of the US government and has now been completed.

The results will be announced publicly in the near future.

“Hopefully in the future we could progress to 3D where you get a three dimensional model as all structures under the surface and you can see something similar to mountains and valleys and everything under the surface, John Briant, Head of the Canadian Terasize company said at a press briefing today.

“The data will be available for the bidders in the block they can process and analyse it themselves, and then make their target before they even start the bidding,” he added.

The contract was signed in Kabul today between Afghan Minister of Mines, Wahidullah Shahrani, and Head of the Terasize Company John Briant.

Source: Tolo News



Related Articles

Saffron growing satisfactorily in Takhar

Provincial agriculture department official in Takhar said saffron production proved to be satisfactory after 16 fields were cultivated with saffron

Construction of three development projects starts in Bangi with German support

Three new development projects, including a new school in Jaloer, road rehabilitation in the villages of Merha and Afghan Qishlaq

Completion of 59 development projects in Herat

Funded by the Ministry of Rural Rehabilitation and Development and 10% by the National Solidarity Program, 59 uplift projects have

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.