The Ministry of Mines and Petroleum states that major companies from Russia, Kazakhstan, and Uzbekistan have shown interest in investing in the country\u2019s oil and gas mines.
\nHomayoon Afghan, spokesperson for the ministry, says they welcome foreign companies to invest in Afghanistan\u2019s oil and gas mines.
\nAccording to Mr. Afghan, recently two large Russian and Uzbek companies have expressed interest in investing in Afghanistan\u2019s oil and gas mines.
\nThe spokesperson for the Ministry of Mines and Petroleum said: \u201cInterest from Central Asian companies in Afghanistan\u2019s oil and gas sector has greatly increased. Recently, we had meetings with Uzbek companies. The Ministry of Mines and Petroleum has announced several oil and gas sites for attracting investments, including the Herat oil and gas fields.\u201d
\nMeanwhile, the Chamber of Commerce and Investment also considers attracting foreign investment in Afghanistan\u2019s oil and gas mines crucial.
\nKhan Jan Alokozay, a member of the leadership board of the Chamber of Commerce and Investment, said: \u201cAny foreign company that invests in a country requires economic and banking security to ensure their investment is safe.\u201d
\nSome economic experts see Russian and other countries\u2019 investments in the oil and gas sector as beneficial.
\nAbdul Nasir Rashtia, an economic expert, said: \u201cIf Afghanistan can work with the Russians, without a doubt, the Russians have significant trade in this sector and have previously worked in the oil sector in Afghanistan. I think if this happens, it can indeed foster regional cooperation.\u201d
\nAccording to statistics from the Ministry of Mines and Petroleum, Afghanistan has over 200,000 square kilometers of oil and gas reserves, but it purchases nearly 90% of its oil and gas needs from Central Asian countries and Iran.\/ Iranoilgas
\nPublish Date : 2024\/05\/27<\/p>\n","protected":false},"excerpt":{"rendered":"
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