China National Petroleum Obtains Mining Rights in Afghanistan's Amdaalia Oilfield

According to the report of the “Afghanistan Times” on the 20th, a spokesman for the Ministry of Mines of Afghanistan stated on the 19th that CNPC obtained the mining rights of Amu Darya. At present, the Arab Ministry of Mines has reached an agreement with China National Petroleum Corporation on the details of the project, the two sides will be reported to the A Cabinet Meeting and the Chinese government for approval, is expected to be completed before the end of December this year after the approval process can enter the actual development. A Ministry of Mines believes that there are more than 80 million barrels of oil under the Amedalia river bed. A total of 12 companies participated in the bidding and PetroChina paid the preferential conditions for paying 15% of the mining tax.