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Afghanistan
North Oil Deposits Estimated 1 Billion Barrels
2011-02-21
[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

#6  I need to get Barak on the phone, if this is true we're paying about a $2000 a barrel for the oil. That's too much.

I think some of the guys to the left of me in politics only have a single sheet of paper in their play book. AND that only has has three things on it:

Global warming

Blood for oil

Quagmire.

Sad, you would think they could think of something new with all of their ivy league degrees and dissertations.
Posted by: Bill Clinton   2011-02-21 14:00  

#5  #3 Some people said all along the Afghan war was all about the oil
Yup, that seems to be a rut that the left is stuck in and can't get out of.
Posted by: JohnQC   2011-02-21 10:38  

#4  If it were all about the oil, I could think of cheaper ways to get it than to pay for a war.
Posted by: gorb   2011-02-21 09:51  

#3  Some people said all along the Afghan war was all about the oil. They'll claim this is proof they were right. They'll be wrong, but that won't matter.
Posted by: Glenmore   2011-02-21 08:28  

#2  An interesting piece but I'd be more interested if it said U.S. to achieve energy independence in the next decade.
Posted by: JohnQC   2011-02-21 08:24  

#1  More pipelines to blow up in Baluchistan.
Posted by: phil_b   2011-02-21 03:59  

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