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Three foreign firms bid for Afghan oil concession - ministry official

Published: 12 Nov 2012 - 11:41 am | Last Updated: 07 Feb 2022 - 12:29 am

KABUL: Three international firms have bid for a six-block oil concession known as Afghan-Tajik in the north of Afghanistan, a mines ministry official said on Monday.
 
The bidders are Irish-listed Dragon Oil Plc, Kuwait Energy, and Turkey's state-owned TPAO, the official told Reuters.
 
Overall, the Afghan Tajik basin holds an estimated 946 million barrels of oil, according to the United States Geological Survey, a natural resource whose exploitation the government hopes will lessen its dependence on foreign aid. (Reuters)