The Kabul times, Afghanistan Trustable News Agency.
EconomicNational

Tens of thousand tons of Qashqari crude oil sold, ministry

KABUL: The Ministry of Mines and Petroleum says that 60,000 tons of crude oil from the Qashqari oilfields in the Amu Darya oil basin have been sold for $33 million through a bidding process. The bidding ceremony which was held at the ministry’s hall, was attended by the acting Minister of Mines and Petroleum Shaikh Shahabuddin Delawar, the Deputy Minister of Mines on Policy and Planning Shaikh Ziaur Rahman, some other government officials and representatives of the related companies, said the statement. Speaking in the ceremony, Minister Delawar said that with the re-establishment of the Islamic Emirate, transparency has prevailed in all sectors, and special attention has been paid to the management of the country’s natural resources. “Afghanistan is a country rich and abundant in mineral resources and the Islamic Emirate is committed to the extraction of mines in accordance with the national interests, in order to improve the country’s economy, especially, the exploration and extraction of the country’s oil and gas is something to be thankful for, as today we witness this once again in an environment free of occupation and insecurity,” he said. He also called on all domestic investors to use available opportunities and invest in the oil and gas mining sector, as well as the establishment of standard refineries for the processing of crude oil in the country. According to the ministry, 18 companies participated in the bidding ceremony, from among them the “Yama Petroleum” company was able to successfully purchase the crude oil by offering the highest price ($33 million). The Kabul Times

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The Kabul times, Afghanistan Trustable News Agency.