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North Oil Deposits Estimated 1 Billion Barrels
[Tolo News] Officials in Ministry of Mines Sunday said oil deposits in the north (Mazar-e-Sharif Region) were estimated more than one billion drums. The northern oil producing region, including Mazar-e-Sharif, Jowzjan and Sar-e-Pul Provinces, is believed to contain the biggest oil deposits in the country. Several foreign oil companies have recently shown interest to invest in the oil resources, officials said. "Mines Ministry will put the oil resources on tender one after another," Mines Ministry Spokesperson Jawad Omar said. Oil is believed to be the main part of Afghan mines. Previously a report by the US geologists said Afghanistan's mines have a value of more than three trillion dollars. Huge intact resources of oil have also been discovered in western and southern provinces including Herat, Paktia and Helmand, which will significantly help Afghanistan to improve its economy. Posted by: Fred 2011-02-21 |
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