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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.
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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Hanafi urges Afghan traders in Tashkent to take part in Afghanistan’s growth
Deputy Prime Minister for Administrative Affairs Abdul Salam Hanafi has encouraged Afghan traders and investors based in Uzbekistan to take advantage of the investment opportunities in Afghanistan in order to support the nation’s growth and development, Arg said in a statement.
According to the statement, Hanafi, who is currently visiting the neighboring country, said this was especially applicable to mining, energy, agriculture, and manufacturing.
In a meeting that was held late Monday at the Afghan Embassy in Tashkent, Hanafi said Afghanistan is a shared home for all Afghans, where everyone has the right to live in peace and security.
Hanafi said that following the general amnesty decree, there are no security or political issues in Afghanistan, and the security situation is stable.
He also highlighted the available opportunities and facilities for trade and investment in Afghanistan.
Meanwhile, Afghan traders living in Tashkent said that officials of the Islamic Emirate always listen to their ideas, suggestions and problems and help solve them.
They did however ask for efforts to be made to ease certain processes relating to the trade of goods between the two countries.
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Mining minister tells Badakhshan authorities to stamp out illegal mining
Mullah Hidayatullah Badri, the acting minister of mines and petroleum, has called on local officials to help stop illegal mining and the smuggling of the country’s minerals.
During a trip to Badakhshan with Fasihuddin Fitrat, Chief of Staff of the Armed Forces he met with the province’s deputy governor and called on him to help stop the scourge.
He said the ministry has drawn up comprehensive guidelines on “gold washing” and mining, adding that prospectors and miners can apply for licenses through the Badakhshan Mines and Petroleum Directorate and operate according to the law.
He also said illegal mining will not be tolerated and legal action will be taken against anyone who violates the law.
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Iran steps up efforts to tighten security along border with Afghanistan, Pakistan
Tehran’s plan to block the eastern border will eventually consist of a 300 km-long wall along with the use of advanced technology and precise military drills
Iran’s border security operations along its shared border with Afghanistan and Pakistan have been ramped up with 65 kms of the border wall already having been completed.
According to Iran media, Tehran’s plan to block the eastern border will eventually consist of a 300 km-long wall along with the use of advanced technology and precise military drills.
On November 2, Interior Minister Eskandar Momeni said Iran would complete construction of a border wall along its eastern frontiers by the end of September next year.
The first phase of the border-sealing initiative spans approximately 90 kilometers and commenced at the end of June.
The border blockade includes physical barriers, such as barbed wire and cement walls as well as smart technology that include radar systems.
Last month, Tehran Times reported that during a visit to the city of Mirjaveh, the primary crossing point between Iran and Pakistan,Momeni said the first phase of the border-sealing initiative spans approximately 90 kms and work commenced at the end of June.
He stated, "Based on our projections, this border-blocking project is expected to be completed in the first half of the next Iranian year."
Momeni stressed that an unsealed border allows deported illegal immigrants to easily return. He said: “The plan to secure the border will tackle this issue and improve regional security.”
Amir Na’mati, Deputy Commander of Iran’s Army Ground Forces, meanwhile gave more information this week and said significant progress will be made on the project by the end of the solar year (April).
Systems such as surveillance sensors, reconnaissance drones, and thermal cameras are set to be deployed, he said. Additionally, mobile assault battalions are tasked with maintaining constant border control.
Wanaen meanwhile reported that Iranian Army rapid reaction forces are currently conducting complex security drills which include tasks to identify terrorist gathering spots using advanced Mohajer-6 drones, destroying their command vehicles with highly explosive precision bombs (Qaem), and shelling enemy positions with artillery.
Amir Cheshk, Deputy Operations Commander of the Iranian Army Ground Forces, said: “Based on international agreements, any threatening gatherings that endanger the security of the Islamic Republic (Iran) will be met with a decisive response from the Army Ground Forces and Iran’s armed forces.”
In addition, special forces supported by Army Aviation helicopters, are dispatched to terrorist gathering locations and carry out high-precision clearance operations.
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