Latest News
Government sells 60,000 tons of Qashqari oil for $33 million
The Ministry of Mines and Petroleum on Tuesday announced that it has sold 60,000 tons of crude oil extracted from Qashqari wells in Sar-e-Pul province for around $33 million.
A total of 18 companies participated in the bidding ceremony held on Tuesday.
In the ceremony, Acting Minister of Mines and Petroleum Shehabuddin Delawar said that if the contracted company performs better, extraction of oil in Qashqari will increase to 3,000 tons per day.
Delawar said that some foreign companies are interested in investing in the oil sector in Afghanistan.
“Let’s work hard and extract oil. God has brought security, Islamic system and transparency,” he said.
Officials of the winning company said that they will refine the purchased oil inside the country, noting that it will create job opportunities for locals.
Currently, more than 1,000 tons of oil are extracted from 24 oil wells in Qashqari.