Business
Minister of mines to call for tenders to extract oil and gas ‘soon’
Sheikh al-Hadith Shahabuddin Delawar, the Minister of Mines and Petroleum, said on Saturday in a meeting with officials from a Chinese company that he will soon launch the bidding process to extract some of the country’s oil and natural gas.
According to a circular issued by the ministry, the Chinese visitors discussed opportunities available to invest in Afghanistan’s mineral resources, especially in the oil and gas extraction sector.
The minister welcomed interest from foreign countries and said: “Afghanistan has rich oil and gas resources, and the Ministry of Mines and Petroleum will soon announce a part of the country’s oil and gas fields for bidding.”
Delawer added that those interested can legally participate in the tender process through the Ministry of Mines and Petroleum.