Afghanistan sells 20,000 tons of crude oil for $10.5 million

INSUBCONTINENT EXCLUSIVE:
The Ministry of Mines and Petroleum on Sunday sold 20,000 tons of crude oil for $10.5 million, said acting Minister of Mines and Petroleum
Shahabuddin Delawar.Speaking at a bidding ceremony, he said the oil was extracted from the Angut area of the Amu Darya oil field and was
sold to a local company.Delawar added that bidding for the extraction and exploration of 11 oil and gas blocks across an area of 23,000
square kilometers in Herat province will be held in the near future.According to him, contracts will also be awarded for oil extraction in
Katwaz area of Paktika Province.Based on the rules of the Ministry of Mines and Petroleum, the winning companies are obliged to process
crude oil inside the country, as it would provide job opportunities to locals.Meanwhile, Delawar said that they are committed to using
professional companies in the mining sector.The post Afghanistan sells 20,000 tons of crude oil for $10.5 million first appeared on Ariana
News.