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Work on oil refinery in Jawzjan to initiate in May

The design of the oil refinery in Jawzjan province has been finalized and practical work on the mega project is expected to be initiated in May. Funded by the Chinese National Petroleum Company (CNPC), the USD 1.3bn oil refinery is

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FMC to make oil refinery in Afghanistan

America’s FMC oil and gas corporation would invest in refining Amu river oil in a joint venture with an Afghan company. The oil refinery will have the capacity to refine 60 barrels of oil on a daily basis. The contract

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Disconnected cable over the Amu River causing power outage

Three days of power shortage have made the cold winter season for Mazar-e-Sharif residents intolerable. “It has been three nights that we do not have electricity during the cold winter season. Fuel prices are high as well. Those who can

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3 companies shortlisted for oil extraction in Afghanistan

Minister of Mines Waheedullah Shahrani announced on Monday that bids from companies of Kuwait, the United Arab Emirates and Turkey have been shortlisted for a major oil and gas exploration project in the Tajik Basin in northern Afghanistan. The companies

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Karzai attracting Indian investments to Afghanistan

President Hamid Karzai, currently visiting India, told a gathering in the capital city of Mumbai that his country is ready for Indian investments in mining and other sectors and that India should not hesitate about coming for investment to Afghanistan,

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India & Afghanistan to sign 4 pacts

President Hamid Karzai has planned a four-day trip to India where the leaders of the two nations are expected to sign four agreements including one in the mining sector. India-educated Karzai will interact with top Indian businessmen during his visit

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India & Afghanistan to sign 4 pacts

President Hamid Karzai has planned a four-day trip to India where the leaders of the two nations are expected to sign four agreements including one in the mining sector. India-educated Karzai will interact with top Indian businessmen during his visit

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Oil extraction begins in Amu River in northern Afghanistan

The China National Petroleum Corporation begins extracting oil from the Amur River basin in northern Afghanistan. The firm won the 25-year contract for oil extraction last year, covering drilling and a planned refinery in the northern provinces of Faryab and

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Afghanistan begins extracting raw petroleum from Amu River

The extraction of raw petroleum from the Amu River has officially begun. The contract for extraction of petroleum from the zone was awarded to the China National Petroleum Coroporation (CNPC) last year. The project would reward the government with USD

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Afghanistan minerals smuggled to Pakistan

Minister of Mines Wahidullah Shahrani informed the Meshrano Jirga, or upper house of parliament, about the smuggling of precious and semi-precious stones from Afghanistan to Pakistan. Pakistan generates about USD 350mn revenue on smuggling of these stones annually, while Afghanistan

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US Firm interested to have a share in the oil extraction of Amu River basin

Exxon Mobil, an American multinational oil and gas corporation, has presented his offer for participating in the bidding for oil extraction in Amu River, after the award has already been granted to a Chinese company. Exxon Mobil is considered one

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Abdul Rashid Dostum Alleged for Preventing Amu River oil Extraction

The Afghan National Security Council (NSC) had accused General Dostum, the former powerful Jihai commander, for intervening in the extraction process of an oil basin in northern Sar-ePul province, one of Dostum’s strongholds in northern Afghanistan. The accusation is based

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Amu River Oil Deal with China is ‘transparent’

US and British envoys to Afghanistan confirmed transparency in awarding the contract to China National Petroleum Corporation (CNPC) for oil and gas exploration in the Amu River. This comes after the Western media had rising concerns about the bidding process,

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Cabinet endorses oil deal with China

Endorsing a deal with China on developing a small oil and gas field in northern Afghanistan, the Cabinet on Tuesday agreed to the creation of a joint working committee to explore energy deposits at the Amu River basin. Last year,

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President Karzai Agrees on Economic Projects with China

It is reported that that the delegation from China National Petroleum Company would come to Afghanistan in the next few days to lay out the groundwork for signing of cooperation agreements between the two nations. President Karzai discussed such economic

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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

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