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Uzbekistan|politics|January 9, 2023 / 03:28 PM
Chinese company to invest $540 million in oil extraction project in Afghanistan

AKIPRESS.COM - The Afghan authorities and a Chinese company signed an agreement on extracting oil from the Amu Darya basin, UzA reported.

The Chinese company will extract oil in a total area of 4,500 square kilometers in the northern provinces of Sari Pul, Jawzjan and Faryab in accordance with the agreement.

The company must invest $150 million in the first year. The investment will reach $540 million in three years.

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