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BAZAR: Govt ‘Unwilling’ To Establish Major Oil Refinery

Officials from the Oil and Gas Importers Union on Monday criticized government for not taking practical steps for the private sector to establish an oil refinery in the country. 

Union members said the private sector is ready to invest $1.5 billion USD in such a project that could produce three million tons of oil from Afghanistan’s crude oil fields a year. 

Last year, the Afghan Ministry of Mines and Petroleum (MoMP) terminated the contracts of Afghan and Chinese companies which had won the tender for Amu Darya oil basin project in the northern part of the country. 

This move also lost the country an investment of $1.5 billion USD by the private sector.

In this episode of Bazar, host Zarmina Mohammadi discusses the topic with Azrakhsh Hafizi, head of Fuel Importers Union. 

Bazar

BAZAR: Govt ‘Unwilling’ To Establish Major Oil Refinery

Officials from the Oil and Gas Importers Union on Monday criticized government for not taking practical steps for the private sector to establish an oil refinery in the country. 

Union members said the private sector is ready to invest $1.5 billion USD in such a project that could produce three million tons of oil from Afghanistan’s crude oil fields a year. 

Last year, the Afghan Ministry of Mines and Petroleum (MoMP) terminated the contracts of Afghan and Chinese companies which had won the tender for Amu Darya oil basin project in the northern part of the country. 

This move also lost the country an investment of $1.5 billion USD by the private sector.

In this episode of Bazar, host Zarmina Mohammadi discusses the topic with Azrakhsh Hafizi, head of Fuel Importers Union. 

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