Oil’s Well

Southasia - - BRIEFINGS -

Anoil re­fin­ery worth $1.3 bil­lion will be built in the She­berghan city of the north­ern Jawz­jan prov­ince of Afghanistan. The con­struc­tion work of the oil re­fin­ery has been fi­nal­ized with a Chi­nese firm. The re­fin­ery is ex­pected to pro­duce 6,000 bar­rels of oil per day. A power gen­er­a­tion sys­tem will also be in­stalled at the site with a ca­pac­ity of pro­duc­ing up to 50 megawatt elec­tric­ity.

Afghanistan is es­ti­mated to have $3 tril­lion worth of min­eral de­posits, which re­main un­ex­ploited. Gold, iron ore, cop­per ore, emer­alds, lapis, ru­bies as well as nat­u­ral gas are found in the north of the coun­try.

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