Afghanistan signs major oil deal with China
Afghanistan signed a major oil exploration contract with a Chinese company (China National Petroleum Corp) today in Kabul.
The deal will develop three oil fields in northern Afghanistan (Sar-e-pul and Faryab provinces). Wahidullah Shahrani, Afghanistan’s Minister of Mines, told the media that the deal could bring in about $7 billion to Afghanistan over the next 25 years.
The minister said that the Chinese will start to bring in their experts and equipment to the site in a month, however, the practice work (extraction) is expected to begin in October 2012.
December 28, 2011
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Posted in: Afghanistan's Economy, Environmental Issues, Reconstruction and Development
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20 Km of Asphalt Road completed in Ghazni Province its started from Ghazni city through Nahore District.
from the center of Nahore district up to the start of project is 90Km, fort-unity the 20Km of its completed and the rest will start from the spring season.
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