[Afghanistan] - IEA prepares to sign gas transit agreement with Russia

INSUBCONTINENT EXCLUSIVE:
Afghanistan is preparing to sign an arrangement with Russia for the transit of 50 million cubic meters of melted natural gas (LNG) through
its territory, according to Rustam Khabibullin, head of the Russian Business Center in Afghanistan.The arrangement is expected to be
finalized at the upcoming International Economic Kazan Forum 2025, which will be held in mid-May, Sputnik reported on Friday.Khabibullin
revealed that the LNG will be transferred to Southeast Asia, with the transit most likely to be carried out through gas tankers
He even more noted that trial shipments have actually currently been completed successfully.This possible arrangement follows previous
effective negotiations at the Kazan Forum
In 2023, an agreement was signed for the annual transit of 50 million tons of Russian oil, and in 2024, an offer for the transit of 2
million tons of Russian wheat and flour was established.The Kazan Forum, a key platform for economic cooperation in between Russia and the
Organization of Islamic Cooperation (OIC) countries, continues to play a vital function in cultivating regional trade and development.The
upcoming forum is anticipated to even more enhance economic ties in between Russia and Afghanistan, particularly in the energy
sector.Meanwhile, the representative for the Ministry of Industry and Commerce, Abdul Salam Jawad Akhundzada, mentioned that initial actions
have been taken for signing this contract.&& Fortunately, the foundation for a final agreement has actually been laid
With the facility of across the country security and the centers we have from NATO forces for oil and gas transfers, Afghanistan&& s
position in the implementation of this task is strengthened
When this major local project is functional, sectors such as transport, electrical energy, security, services, job creation, and
manufacturing markets will be triggered and established, leading to financial growth in the country,& & stated Jawad Akhundzada.In the
meantime, members of the private sector have specified that with the execution of this agreement, the nation&& s geopolitical position in
terms of income, job development, and increased transportation activity in the local economy will virtually be solidified.Zabihullah Nazari,
a member of the private sector, stated: && For the execution of this job, regional labor will be needed, which can produce many job
opportunities for individuals of Afghanistan.&& Economic professionals also stated that the execution of this job is essential for the
country in the short-term however have included that Afghanistan&& s focus should primarily be on the TAPI project.The Islamic Emirate, on
the other hand, has actually repeatedly specified that with an economy-focused policy, Afghanistan will be transformed into the region&& s
transit hub.The post IEA prepares to sign gas transit agreement with Russia first appeared on Ariana News.