• 3 days Nuclear Bomb = Nuclear War: Saudi Arabia Will Develop Nuclear Bomb If Iran Does
  • 2 days Statoil Changes Name
  • 3 days Tillerson just sacked ... how will market react?
  • 2 days Russian hackers targeted American energy grid
  • 2 days Is $71 As Good As It Gets For Oil Bulls This Year?
  • 3 days Petrobras Narrows 2017 Loss, Net Debt Falls Below $85bn
  • 3 days Proton battery-alternative for lithium?
  • 3 days Ford Recalls 1.38 Million Vehicles (North America) For Loose Steering Wheel Bolt
  • 2 days Oil Boom Will Help Ghana To Be One Of The Fastest Growing¨Economies By 2018!
  • 2 days Country With Biggest Oil Reserves Biggest Threat to World Economy
  • 3 days I vote for Exxon
  • 2 days HAPPY RIG COUNT DAY!!
  • 3 days UK vs. Russia - Britain Expels 23 Russian Diplomats Over Chemical Attack On Ex-Spy.
  • 3 days Why is gold soooo boring?
  • 3 days South Korea Would Suspend Five Coal - Fire Power Plants.
  • 2 days Spotify to file $1 billion IPO
Shale Boom Creates New U.S. Oil Export Hub

Shale Boom Creates New U.S. Oil Export Hub

Analysts at Wood MacKenzie expect…

Taliban Offer To Protect Afghan Natural Resource Projects

Afghan Pipeline

The Afghan Taliban, who have been responsible for much of the violence in Afghanistan in the past 15 years, said on Tuesday that they would protect major government projects in the country, including a major gas pipeline and a copper deposit.

“The Islamic Emirate not only backs all national projects which are in the interest of the people and result in the development and prosperity of the nation but are also committed to safeguarding them,” the Taliban said in a statement.

One of the projects the Taliban specifically mentioned was the US$10-billion Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline project. Other projects that the Taliban vowed to protect include the CASA-1000 regional electricity project to link central Asia with South Asia, and the US$3-billion Mes Aynak copper deposit.

The Taliban have been responsible for millions of dollars worth of damage to Afghan infrastructure in the past three months alone, the office of the president has said, according to Reuters.

“We are waiting to see the Taliban turn their statements into practice,” Reuters quoted palace spokesman Shah Hussain Murtazawi as saying.

Back in 2014, the U.S. Geological Survey launched a project to help Afghanistan chart its natural resources.

“The coalition of the U.S. Geological Survey, the Afghanistan Ministry of Mines and Petroleum, and the Task Force for Business and Stability Operations (TFBSO), was created by the U.S. Department of Defense, to share American international science and technology as a strategic tool for promoting economic development,” the USGS said at the time.

Afghanistan, torn by decades of wars and insurgency, may have mouth-watering oil and gas riches, but opium still rules this economy amid a lack of any real investment in getting oil and gas out of the ground.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News