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

India, UK Cement Strategic Ties

Oliver Robbins met Vikram Misri in New Delhi for UK–India talks reviewing their strategic partnership….reports Asian Lite News Oliver Robbins, Permanent Under-Secretary at the UK’s Foreign, Commonwealth & Development Office (FCDO), met

India, Malaysia Stand Together on Terror

The Speaker reaffirmed Malaysia’s commitment to peace and thanked the Indian delegation for the briefing on India’s approach to dealing with terrorism at large…reports Asian Lite News An all-party Indian delegation met

Don’t Let Bailout Back Terror, Tharoor Warns IMF

Tharoor expressed his displeasure at the International Monetary Fund for enabling Pakistan thus as they divert those funds to arm themselves to attack India….reports Asian Lite News All-Party Delegation leader and Congress

India Doubles Down on BRICS at Brazil Talks

The BRICS Communications Ministers met in Brasilia under the Chair of Brazil on June 2, and conducted discussions on universal and meaningful connectivity…reports Asian Lite News India reiterated its commitment to enduring
Go toTop

Don't Miss

Pakistani Taliban gear up for Ramadan offensive

The call for a fresh offensive has come in the

Taliban detain 10 for singing, playing music

Taliban has been imposing restrictions on the people of Afghanistan