July 23, 2022
1 min read

Taliban inks oil deal with Iran

The Afghan Ministry of Finance said the decision was taken to sign the deal in order to regulate and lower the price of fuel products in the war-torn nation…reports Asian Lite News

A delegation of the Taliban-led Afghan government, currently on a visit to Tehran, has signed a deal with Iran to import 350,000 tonnes of oil, according to media reports.

The delegation included representatives from the Finance, Foreign Affairs, Commerce and Industry Ministries, Central Bank and Afghanistan National Standards Authority, reports TOLO News.

“A contract was signed which imports more than 300,000 to 350,000 tonnes of oil based on a standard, proper price,” Abdul Ghafor, head of the Afghanistan Oil and Gas Corporation, said after the deal was inked on Saturday.

In a statement, the Afghan Ministry of Finance said the decision was taken to sign the deal in order to regulate and lower the price of fuel products in the war-torn nation, reports Khaama Press.

Besides the deal, the two sides also held discussions on quality, rates, transit, and facilities for traders and also came to an agreement to form a joint committee on building out the gas pipeline and constructing joint refineries, the Ministry added.

Meanwhile, the Afghanistan Oil and Gas Corporation has also said that it will sign similar agreements with Russia and Turkmenistan to import oil.

Afghanistan imports its oil from the Central Asian nations and Iran.

ALSO READ: Pakistan, China mull extending CPEC to Afghanistan

Previous Story

Russia strikes Ukraine’s Odesa port hours after grain deal

Next Story

Over 5000 Ukrainian kids deported to Russia since war began

Latest from -Top News

70 Terrorists Killed in Indian Retaliation

The targets were selected based on “credible intelligence input” and focused on “dismantling terrorist infrastructure and disabling terrorists…reports Asian Lite News In a powerful response to the April 22 terror attack in

India Strikes Deep, Flattens JeM Base

Once a key base for terrorist operations, the site has been reduced to rubble, signalling a strong response to ongoing cross-border threats…reports Asian Lite News In a significant counter-terrorism operation on Wednesday,

Retaliation Looms, Pakistan Alerts UN

On Wednesday, India retaliated against Pakistan for the terrorist attack last month that killed 26 people at Pahalgam in Kashmir…reports Asian Lite News Pakistan has signaled its intent to escalate military action

LoC Shelling Turns Deadly; Evacuation Underway

Pakistan shelling started in Uri, Kupwara sectors in the Valley and Poonch and Rajouri in Jammu division….reports Asian Lite News Seven civilians lost their lives and 38 others were injured on Wednesday

India Strikes Terror Bases in Pakistan

‘Justice is served’, says Indian Army as Operation Sindoor unfolds In a significant military response to the deadly terror attack in Pahalgam that claimed 26 civilian lives, the Indian Army on Wednesday
Go toTop

Don't Miss

Over 950 Taliban militants killed, 500 injured in 4 days

Clashes between Afghan forces and Taliban are underway in over

Kunduz military base now under Taliban control

The Taliban has now pushed into nine provincial capitals. On