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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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Suicide bombing in Kunduz kills 5, injures 7

Jumaddin Khaksar, a spokesman for the provincial police headquarters, added that the suicide bomber detonated his explosives near Kabul Bank in Kunduz city.

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A spokesman for the Kunduz police headquarters says five people were killed and seven others injured in a suicide bombing on Tuesday morning.

Jumaddin Khaksar, a spokesman for the provincial police headquarters, added that the suicide bomber detonated his explosives near Kabul Bank in Kunduz city.

According to Khaksar, the victims of the incident include security personnel, bank guards and civilians.

He added that no one has been arrested in connection with the explosion and that efforts are underway by security forces to identify the perpetrators of the explosion.

So far, no group has claimed responsibility for the bombing.

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Norwegian Refugee Council NGO to suspend aid work in over 20 countries due to Trump policy

U.S. Secretary of State Marco Rubio said on Wednesday that the administration would reach out to USAID to identify and designate programs that would be exempted from the stop-work orders.

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The Norwegian Refugee Council (NRC) said on Monday it would suspend humanitarian work in nearly 20 countries worldwide after U.S. President Donald Trump imposed a freeze on U.S. foreign aid worldwide when he took office on January 20, Reuters reported.

The non-governmental organisation received just under 20% of its funding from the United States in 2024, or around $150 million, it said, with that funding helping some 1.6 million people worldwide.

"We have, in our 79-year history, never experienced such an abrupt discontinuation of aid funding from any of our many donor nations, inter-governmental organisations, or private donor agencies," the NRC said in a statement.

The agency said the consequences of suspending aid would become increasingly serious for people facing crises around the world.

Already in Ukraine, NRC said, it had to halt the scheduled February distribution of emergency support to 57,000 people in communities along the front lines and had to lay off staff worldwide.

The Trump administration said last Monday it would put on leave all directly hired employees of the U.S. Agency for International Development (USAID) globally and recall thousands of personnel working overseas, read the report.

U.S. Secretary of State Marco Rubio said on Wednesday that the administration would reach out to USAID to identify and designate programs that would be exempted from the stop-work orders.

However, the NRC said it was unable to take advantage of the temporary waiver unless the U.S. government resumed payments to its partners for work completed before the foreign assistance pause.

"We currently have millions of dollars in outstanding payment requests to the U.S. government. Without an immediate solution we may, at the end of February, be forced to halt U.S.-funded lifesaving humanitarian programmes," it said.

That included supplying clean water to 300,000 people trapped in the blockaded city of Djibo in Burkina Faso, and cutting funding to nearly 500 bakeries in Darfur, Sudan, which provide food hundreds of thousands of people, the NRC said.

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IEA slams Netanyahu’s suggestion Saudi Arabia host Palestinian state

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The Islamic Emirate of Afghanistan (IEA) on Monday condemned Israeli Prime Minister Benjamin Netanyahu’s suggestion that Saudi Arabia’s land be used to establish a Palestinian state.

IEA’s Ministry of Foreign Affairs said in a statement that the suggestion is “unrealistic and flagrant violation of internationally recognized facts and Saudi Arabia’s sovereignty.”

“Such statements by Netanyahu constitute a direct affront to established norms and a clear infringement on the legitimate rights of the Palestinians,” the statement said.

The IEA reiterated that Palestine is “the rightful land of the Palestinian people,” adding that “as long as the occupation continues, the inalienable rights of Palestinian people will remain violated, Gaza and the broader region will remain unstable, and such scenario benefits no one.”

On Thursday, Netanyahu told Channel 14: “The Saudis can create a Palestinian state in Saudi Arabia; they have a lot of land over there.”

President Donald Trump meanwhile has said he is "committed to buying and owning" the Gaza Strip and relocating the two million Palestinians living there. This comes despite global condemnation of the plan he unveiled last week.

He told reporters that he might allow Middle East countries to be involved in rebuilding parts of the territory and that he would make sure the Palestinian refugees would "live beautifully".

Hamas and Palestinians reiterated that Palestinian land was "not for sale".

But Netanyahu praised Trump's proposal as "revolutionary and creative".

 

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