Business

Work on oil extraction inaugurated in Sar-e-Pul

Taliban on Tuesday commenced operations for the extraction of eight oil wells in the Amu Darya oil field in Sar-e-Pul province in the northern region of Afghanistan.

Shahabuddin Delawar, the acting minister of mines and petroleum for the Taliban, announced in a ceremony in Sar-e-Pul that they plan to prepare nearly 10 new wells for future oil extraction. The Taliban, in a statement, revealed that over 350 engineers and 550 employees will be engaged in this ambitious project.

During the ceremony, Abdul Ghani Baradar, deputy chief minister of the Taliban, hailed oil extraction as a positive step toward the country’s self-sufficiency. He emphasized the importance of providing enhanced social services to the residents of Sar-e-Pul.

The statement highlighted that the activation of these eight additional wells will result in an increase of 800 cubic meters per day in oil extraction from this particular oil field.

In the provinces of Sar-e-Pul and Faryab, three mines named Qashghari, Bazar, and Zumardsazi have been officially registered. According to the Taliban, the estimated value of reserves in this oil field is approximately 87 million barrels.

The Taliban also disclosed that the daily income from oil extraction in the Qashghari area of Sar-e-Pul reaches $600,000.