Afghanistan supplies its first ever domestic refined oil to the market

[Sher Malang]

According to Head of Afghanistan’s oil and gas companies Azrakhsh Hafizi, over 5,000 tons of oil obtained from Amu Darya basin were sent to Kam International Oil for refinery.

He added about 2,500 tons of refined oil would be supplied in the market.

Petroleum companies have invested about USD 3bn and 750mn in the oil and gas sector of Afghanistan.

The Afghan government intends to establish a large oil reserve at a cost of USD 1.3mn.

The country’s first oil refinery, Kam International Oil, was established in August of last year. Kam International Oil, a joint investment between Kam Groups of Companies and a company in Azerbaijan, had an initial capital investment of USD 30mn.

The refinery has the capacity to refine 500 tons of oil on a daily basis.

Oil refineries would enable Afghanistan to release itself from depending on neighboring countries and approaching self-sufficiency.

Afghanistan presently requires 3 million tons of oil every year that are most imported from Turkmenistan, Uzbekistan, Russia, Pakistan and Iran.

Considering the local needs and presence of huge natural reserves, establishment of oil refineries would prevent currency flights and create job opportunities to thousands of Afghans.

Afghanistan supplies its first ever domestic refined oil to the market | Wadsam

 

[NKVD]

According to Head of Afghanistan’s oil and gas companies Azrakhsh Hafizi, over 5,000 tons of oil obtained from Amu Darya basin were sent to Kam International Oil for refinery.

He added about 2,500 tons of refined oil would be supplied in the market.

Petroleum companies have invested about USD 3bn and 750mn in the oil and gas sector of Afghanistan.

The Afghan government intends to establish a large oil reserve at a cost of USD 1.3mn.

The country’s first oil refinery, Kam International Oil, was established in August of last year. Kam International Oil, a joint investment between Kam Groups of Companies and a company in Azerbaijan, had an initial capital investment of USD 30mn.

The refinery has the capacity to refine 500 tons of oil on a daily basis.

Oil refineries would enable Afghanistan to release itself from depending on neighboring countries and approaching self-sufficiency.

Afghanistan presently requires 3 million tons of oil every year that are most imported from Turkmenistan, Uzbekistan, Russia, Pakistan and Iran.

Considering the local needs and presence of huge natural reserves, establishment of oil refineries would prevent currency flights and create job opportunities to thousands of Afghans.

Afghanistan supplies its first ever domestic refined oil to the market | Wadsam

Great going

 

[Fahad Khan 2]

Good News it will lower pressure on PSO....

 

[Sher Malang]

Good News it will lower pressure on PSO....

Thanks, PSO? how?

 

[Kurama]

good...luck afghanistan....
keep going...we are with u people....

 

[farhan_9909]

Afghanistan has 3Billion barrel oil reserve's.Large considering the Consumption of Afghanistan,Will save alot of reserve's for Afghanistan each year if they stop the import from other countries.Though more refineries need to be established

 

[waz]

Good stuff Afghanistan!

 

[halka_kutta]

Afghanistan has 3Billion barrel oil reserve's.Large considering the Consumption of Afghanistan,Will save alot of reserve's for Afghanistan each year if they stop the import from other countries.Though more refineries need to be established

3 billion are indeed good amount for Afghanistan, if easly extracted then these can play important role in initial years of development.

 

[Skull and Bones]

Congratulations.

 

[Tshering22]

Congratulations to our afghan friends.