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China’s role in the prosperity of private oil refineries in northern Afghanistan

After the signing of the agreement between the Taliban government and China, the extraction of oil from the refineries of the "Amu Darya" basin in northern Afghanistan, especially the private refineries, has gained more momentum.
– International News

According to the regional office report of Tasnim news agency, signed The oil contract between the Taliban and the Chinese company “Central Asia Oil and Gas Company” (CPAIC) has increased the extraction of oil from the refineries of the “Amu Darya” oil field in northern Afghanistan.

Oil extraction from the refineries of the “Amu Darya” oil field is mainly carried out in the “Qashgari” region of Sarpol province, and currently it has been able to turn the wheels of private domestic oil refining companies that were waiting for oil extraction in this area for years.

“Abdul Momen Ziyai”, the head of the Petroleum Materials Union, referring to 9 private refineries in northern Afghanistan, told BBC: Private oil refineries with Huge investments play an important role in the country’s economic cycle and the realization of the dream of self-sufficiency in domestically produced oil refining.

Ziai added: “In each oil refinery, from 10 million to 20 million have invested dollars. Some of these refineries have invested up to 30 million dollars. Currently, 1300 tons of oil are extracted daily from Qashgari and Angut region. Each refinery has the capacity to refine 300 to 500 tons of oil daily. All refineries have the capacity to treat up to 5000 tons of oil per day. These refineries refine zero five diesel (gasoil)”.

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about seven months ago extraction Oil started from Qashgari oil wells with a capacity of 70 tons per day.

Drilling of new oil wells has started one year after signing the first international agreement by the Taliban. The deal with the Chinese company to extract oil and gas from the northern basin of Amu Darya will increase the income of the Kabul government. He recently said: Afghanistan currently imports almost all the oil it needs from neighboring countries such as Iran and Uzbekistan.

He specified: drilling new wells , it will generate about 500 million dollars of income for the government of Kabul.

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© Webangah News Hub has translated this news from the source of Tasnim News Agency
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