Afghanistan’s Ministry of Mines has announced that oil extraction from the northern Amu Darya Basin will begin during the next five months, Press TV reports.
Ministry officials noted that an estimated daily amount of 5,000 barrels of crude will be extracted from the basin in the initial phase of the plan.
The figure will increase to 45,000 barrels per day (bpd) in the later phases of development.
Amu Darya Basin is situated in Faryab and Sar-e Pol provinces in northern Afghanistan and, based on Afghan government’s estimate, contains about 87 million barrels of crude oil.
The Afghan government has signed a contract with China National Petroleum Corporation for oil extraction from Amu Darya Basin and the company has taken preliminary measures in this regard.
The Afghan government has also signed a deal with a Dubai-based Canadian company to start oil exploration in other areas in the northern part of the country.
Despite reports on the abundance of natural resources in Afghanistan, many experts still believe that it is too early to talk about the exact value of those reserves.
http://www.presstv.ir/detail/2012/05...n-in-5-months/
Even Adobe Photoshop can't change me.
A line[Durrand line] of hatred that raised a wall between the two brothers -Hamid Karzai
For generations, the Hindus of India prayed for deliverance from "the venom of the cobra, the teeth of the tiger and the vengeance of the Afghan."
The men of Kábul and Khilj also went home; and whenever they were questioned about the Musulmáns of the Kohistán (the mountains), and how matters stood there, they said, "Don't call it Kohistán, but Afghánistán; for there is nothing there but Afgháns and disturbances." Thus it is clear that for this reason the people of the country call their home in their own language Afghánistán, and themselves Afgháns. The people of India call them Patán; but the reason for this is not known. But it occurs to me, that when, under the rule of Muhammadan sovereigns, Musulmáns first came to the city of Patná, and dwelt there, the people of India (for that reason) called them Patáns—but God knows!
-Ferishta, 1560–1620
Oil extraction in N. Afghanistan to begin in 5 months -
05-16-2012, 10:04 PM
Linear Mode
