Afghanistan starts oil production in the Amu Darya basin

15:34 11.07.2023 9107

https://www.oilgas.gov.tm/storage/posts/8099/original-164ad17edd612f.jpg

 Afghan oil workers have started oil production at a field located in the Amu Darya river basin, Afghan media reported.

 As the Minister of Mines and Oil of Afghanistan noted, the start of oil production in this region was an important step for the development of the country’s economy.  The development of the deposit will open up opportunities to extract about 100 tons of valuable resource per day.

 In the future, the authorities intend to organize the processing of hydrocarbon raw materials in the country.  Proposals for the construction of the first oil refinery in Afghanistan were made during the ceremony of the start of oil production, which was attended by representatives of ministries and departments of Afghanistan.

 To date, Afghan oilmen have drilled about 9 wells in the Amu Darya basin.  Representatives of the Chamber of Industry and Mines noted that the development and production of oil in these territories is an important step towards self-sufficiency of the state with fuel.

 The development of the oil industry in Afghanistan is assisted by the Chinese company CNPC.  In 2023, the company will invest USD 162 million for this purpose, and over the next three years – USD 540 million.

Other articles
167ef7d8e98a24.jpg
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council

The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.


163070ce276e13.jpeg
It is planned to increase hydrocarbon production in Balkan region

In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.


167efd8eb94966.jpg
The President of Turkmenistan took part in the first Central Asia-EU Summit and the Samarkand International Climate Forum

The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan, took part in the first Central Asia-European Union Summit and the Samarkand International Climate Forum on April 4, TDH reports.


163086bb70e28b.jpeg
The price of Brent rose above $100 per barrel again

Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.


1630608dd4382e.jpeg
Transactions for the export of LNG and jet fuel were entered at exchange trading

On Monday, August 22, 12 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan for a total of $5.4 million, the ORIENT news agency reported.