Key oil refinery being constructed in north


KABUL (PAN): An oil refinery, a $700 million (36.3 billion afghanis) project, is being established on the Amu River fields in the country's north, an official said on Sunday.  

The facility would have the capacity to purify 60,000 barrels of oil a day, revealed Afghanistan Investment Support Agency (AISA) chief Wafiullah Iftikhar.

Media reports on oil deal exploration spurned


KABUL CITY (PAN): The Ministry of Mines on Thursday dismissed as baseless media reports that a contract with a Chinese firm on oil exploration at the Amu River basin in northern Sar-i-Pul province was benefiting the company. 

Last year, the state-owned China National Petroleum Corporation (CNPC) won a bid for developing the oil blocks near the border with Turkmenistan and Tajikistan. 

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