Chinese company signs oil extraction deal with Taliban

The agreement with China’s Xinjiang Central Asia Petroleum and Gas is the first major international energy extraction deal the Taliban have signed since taking control of Afghanistan in 2021, according to CNN. The drilling will take place in northern Afghanistan’s Amu Darya basin."The Amu Darya oil contract is an important project between China and Afghanistan," China's Ambassador to Afghanistan Wang Yu told a news conference in the capital Kabul.

Taliban’s Deputy Prime Minister for Economic Affairs Mullah Abdul Ghani Baradar said the deal is in Afghanistan's best interests. “In terms of natural resources, Afghanistan is a wealthy nation. In addition to other minerals, oil is the wealth of the Afghan people on which the economy of the country can rely,” Baradar said.

The deal will last 25 years and emphasizes China's investment in the region. A Chinese state-owned company is also in talks over the operation of a copper mine in the east of the country, per BBC News.Over 60% of Afghanistan's population was estimated to be in dire need of humanitarian assistance, such as medical supplies and food, the United Nations Office for the Coordination of Humanitarian Affairs warned in early 2022.

Better with them than RUSSIANS.

razingarizona 'Nature abhors a vacuum'

POTUS thank you Big Guy! - Love China 🇨🇳

I seem to remember when the US involvement in Afghanistan was to take their oil.

China getting a little desperate?

Billion$ going to the Taliban and we gave wide open borders

Thanks Joe - You could have supplied this oil. Now we have the Chinese financing this terrorist group.

And Biden paved the way.

Thank Biden for giving the Taliban pallets of cash, weapons, ammunition, and vehicles.

Way to go Joe!

Maybe someone can ask John Kerry about how his negotiations are going with china in regards to his green new deal ? Wasn’t it trump who said we should take Iraq’s oil for helping them years ago ?

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Afghanistan's Taliban in oil extraction deal with Chinese companyChina has not formally recognised the Taliban administration but it has significant interests in a country at the centre of a region important for its Belt and Road infrastructure initiative.
Source: trtworld - 🏆 101. / 63 Read more »

A Chinese company has signed an oil extraction deal with Afghanistan's Taliban | CNN BusinessThe ruling Taliban has signed a deal with a Chinese company to extract oil from northern Afghanistan's Amu Darya basin as the radical Islamist group attempts to bolster the South Asian nation's increasingly impoverished and isolated economy. 22 y/o MansourDehmardeh, arrested in Zahedan protests, is sentenced to death on a charge of “Corruption on Earth.” Mansour, who has a physical disability, has been harshly tortured since his arrest; they broke his teeth & his nose. His life is in danger! MahsaAmini If anyone sees this is there anyone out there willing to help me keep a 20 year old Native American from going homeless. Just needs a little help to survive a week Joe Biden compromised by the Chinese government, 10% to the big guy? Truth or conspiracy theory? This would explain the hasty withdrawal from afghanistan.
Source: CNN - 🏆 4. / 95 Read more »

Taliban signs a deal with Chinese company for oil extractionTaliban government signs a 25-year contract with a Chinese company for the extraction of oil from Afghanistan’s Amu River basin and to develop an oil reserve in the country's north A situation similar to what China did to Pakistan is also happening in Afghanistan. Türkiye should not leave Afghanistan to China. China is fully supporting the extermination of muslim womens and their plights Zebaism cjwerleman Maira_4 PrivacyReason _garrywalia _sayema A group that claims to be the only true Islamic Goverment in the world is trying to be friends with a country that is committing genocide of it’s Muslim population.
Source: trtworld - 🏆 101. / 63 Read more »