What's new

Production of crude oil from first well

ghazi52

PDF THINK TANK: ANALYST
Joined
Mar 21, 2007
Messages
102,838
Reaction score
106
Country
Pakistan
Location
United States
First well start pumping crude oil..
Oil extraction from the first well in Afghanistan has officially started
Under an agreement between Afghanistan and a Chinese company, the first well in northern Afghanistan has officially started producing oil. In the presence of Chinese experts, the Minister of Minerals and Petroleum inaugurated the extraction of oil from the first Kashkari oil well in Sirpul province. ,

 
.
As we close in on the second anniversary of the fall of GoRoA, not built a sustainable local economy has to be countered as a key mistake the current inhabitants of the halls of power in Kabul are trying to not repeat.
 
.
,..,,.

Taliban-led Afghanistan begins extracting oil​

Acting petroleum minister inaugurates oil well in northern Sar-e-Pul province

Anadolu Agency
July 09, 2023

Afghanistan's Taliban-led government started extracting oil from wells in the north of the country, state-run media said Saturday.

"Priority will be given to the employment of technical and non-technical staff and the reconstruction of the mine using the revenues of Sar-e-Pul," acting Mines and Petroleum Minister Sheikh Shahabuddin Delawar was quoted by the Bakhtar News Agency.

Delawar was addressing a ceremony where he and several senior Taliban officials were inaugurating the wells in the Qashqari oilfield in Sar-e-Pul province

The Qashqari basin has 10 wells and 200 tonnes of oil is being extracted from nine, the Kabul Times reported, citing a statement by the Mines and Petroleum Ministry.

Officials hope to increase the extraction capacity from Qashqari to more than 1,000 tons.

Following a return to power in Kabul in 2021, the Taliban signed an agreement last year with a Chinese company to extract oil from Sar-e-Pul.

In January, the interim Afghan Taliban government also signed a 25-year contract with a Chinese firm to extract oil from the Amu River basin and develop an oil reserve in the north.

According to the contract, the Chinese company will invest $150 million in the first year and increase to $540 million in three years.

Afghanistan is estimated to be sitting on untapped resources of more than $1 trillion, which has attracted the interest of foreign investors, according to the Bakhtar News Agency.
 
.
Back
Top Bottom