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| Afghanistan |
| Huge Oil Deposit Discovered in Northern Afghanistan |
| 2010-08-13 |
| [Tolo News] Officials in the Ministry of Mines and Industries say their studies have shown that a large deposit of oil with the capacity of 2 billion barrels is discovered in northern Afghanistan After the technical studies of this oil deposit is over, it will be handed over to the private sector, the Ministry says. "We conducted two important geological operations which we call artificial earthquake, with the cooperation of our international professionals and with the help of the international community, to determine the exact volume of gas deposits in these areas," the Minister of Mines and Industries, Wahidullah Shahrani told TOLOnews. The Ministry also said that it will soon start reconstruction of Shebirghan gas reservoir, in which $400 million will be spent, and also a new gas pipeline from Shebirghan to Balkh province will be set. "We have started our talks with the Ministry of Finance and our other international cooperators in the mines field, and we have prepared a complete project for the development of Shebirghan gas and power projects," Shahrani added. According to the Ministry of Mines and Industries, some huge deposits of oil and gas will be put to use in the northern provinces of Afghanistan. Studies conducted by the Ministry of Mines and Industries reveal that 440 billion cubic meter of gas and 219 million tonnes of oil is deposited only in 'Afghan Tajik' area and 'Amu River' in northern Afghanistan. In total, 14 blocks of gas and oil in 'Amu river' and 'Afghan Tajik' sites, two gas blocks in Bashi Kut and Jangal-e-Kalan of Jawzjan province and one other block of oil in Sar-e-Pul province has been identified. Some of these blocks have already been put on auction. |
| Posted by:Fred |
| #4 Take heart, this will fund the next 50 years of despotism in Afghanistan, leaving us free to spend our money on, well, another complete waste of time and money. |
| Posted by: bigjim-CA 2010-08-13 12:09 |
| #3 you could never get this oil and make a prfit so it's no good. the idiots would blow up the pipelines or wells every other day. |
| Posted by: chris 2010-08-13 11:53 |
| #2 Too bad the Ruskies didn't find out about this. They would have never left and we could have avoided all of this trouble. |
| Posted by: Ebbang Uluque6305 2010-08-13 11:50 |
| #1 And, of course, we've installed the sort of government that will ensure that nothing gets done unless the Pashtuns get most of the profits from this oil on Tajik land. |
| Posted by: Thing From Snowy Mountain 2010-08-13 08:56 |