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Afghan Oil Production Jumps With $49 Million Chinese Investment

februari 06, 2024by Reacties uitgeschakeld voor Afghan Oil Production Jumps With $49 Million Chinese Investment

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A Chinese energy company’s investment of $49 million in Afghanistan’s oil production has helped boost the country’s daily crude oil output to more than 1,100 metric tons, but the funding is just one-third of what Beijing originally pledged.

One year ago, China’s Xinjiang Central Asia Petroleum and Gas Co, or CAPEIC, signed a major oil extraction contract with Taliban authorities in Afghanistan. That 25-year contr

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