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Afghan oil refinery consortium launched in Balkh province

This refinery will be built in four phases, over one to five years.

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An oil refinery consortium, comprising five local companies, has been established in Balkh province with an investment so far of $87 million.

Speaking at a press conference in Balkh, consortium officials said that they had joined forces to ensure oil extracted in the country is refined locally, which in turn creates job opportunities.

“This refinery has been established with an investment of $400 million, of which $87 million has already been invested and the remaining $313 million will be invested,” said Abdul Rashid Salaar, technical officer for the consortium.

“This refinery will be built in four phases, over one to five years,” he added.

Consortium members have appealed to the Islamic Emirate to cooperate with them and to support the mining sector in the country.

One member said 1,100 tons of crude oil was extracted daily in Afghanistan but that the consortium would soon have the capacity to refine 4,300 tons a day.

“This consortium is for the self-sufficiency of the country in the oil and gas sector, and for job opportunities,” said another consortium member.

Growing foreign interest in the sector

Afghanistan’s Ministry of Mines and Petroleum last week reported that the country’s lucrative oil sector is generating growing interest from a number of countries in the region including Iran, Turkey, Russia and Uzbekistan.

According to officials, companies in these countries have shown serious interest in investing in the extraction and refinement processes.

The ministry has however called on Afghan investors to also take advantage of opportunities in the sector.

Afghanistan’s Crude Oil Refinery Union in turn urged the Islamic Emirate to support local investors in the extraction process but also by establishing refineries that meet international standards.

Afghanistan Chamber of Commerce and Investment (ACCI) officials meanwhile called on the ministry to also focus on increasing the operational capacity of established oil extraction companies and in building refineries instead of focusing on attracting foreign investors.

Muhammad Younus Mohmand, Vice-Chairman of the ACCI, said: “Our wish is that the refineries that people invest in, in Afghanistan, should be supported.”

According to union officials, over $300 million has already been invested in the sector in the country, providing jobs to thousands of workers.

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India and Russia stress counter-terrorism, humanitarian support for Afghanistan

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During Russian President Vladimir Putin’s visit to New Delhi, India and Russia issued a joint statement highlighting their close coordination on Afghanistan. Both sides appreciated the ongoing dialogue between their respective Security Councils and underscored the significance of the Moscow Format meetings in promoting regional stability.

The leaders welcomed counter-terrorism efforts targeting international terrorist groups, including ISIS, ISKP, and their affiliates, expressing confidence in a comprehensive and effective approach to combating terrorism in Afghanistan. They also stressed the urgent need to ensure uninterrupted humanitarian assistance to the Afghan people.

India and Russia have maintained close ties on regional security, particularly concerning developments in Afghanistan following the Islamic Emirate’s return to power in 2021. The Moscow Format, a diplomatic platform including Afghanistan’s neighbors, has played a key role in facilitating dialogue on peace, stability, and counter-terrorism in the region.

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Five civilians killed in firing by Pakistani forces on Kandahar’s Spin Boldak

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Five civilians were killed and five others wounded in firing by Pakistani troops on Spin Boldak district of Kandahar province late on Friday, sources told Ariana News.

The attack comes two days after a new round of peace talks between Afghanistan and Pakistan reportedly ended without a breakthrough, though both sides agreed to continue their fragile ceasefire.

The recent talks in Saudi Arabia were the latest in a series of meetings hosted by Qatar, Turkey and Saudi Arabia aimed at easing tensions after deadly clashes near the Durand Line in October. Dozens were killed in the clashes in October.

Islamabad claims that Afghanistan-based militants carried out the recent attacks in Pakistan. Kabul denies the allegations, saying it cannot be held responsible for security inside Pakistan.

Zabihullah Mujahid, spokesman for the Islamic Emirate, said Afghan forces had responded to the recent Pakistani attacks.

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IEA should respond to Pakistan’s security concerns with concrete actions: Andrabi

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Pakistani Foreign Ministry spokesman Tahir Hussain Andrabi says both Pakistan’s Prime Minister Shehbaz Sharif and Sadyr Japarov, the President of Kyrgyzstan, who visited Islamabad on Thursday, expressed their mutual commitment to a peaceful, stable Afghanistan with a sustainable future for the Afghan people.

Speaking in a press conference on Friday, Andrabi stated that both sides agreed that the Islamic Emirate must fulfill its obligations toward the international community and take concrete steps against terrorist groups to address Pakistan’s legitimate security concerns.

This comes while the Islamic Emirate of Afghanistan has repeatedly emphasized that no terrorist groups operate from Afghan territory and that it will not allow anyone to use Afghan soil against any country.

The Islamic Emirate has also stated that Pakistan’s security concerns are an internal issue of that country, and Pakistan itself must take measures to prevent any security incidents.

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