In the presence of the Deputy Prime Minister for Economic Affairs, the agreement for the exploration and extraction of gas from the Totimaidan field was signed.

masih_admin
Thu, Oct 10 2024 12:42 PM
978654

Today on October 10, 2024, a ten-year contract for the exploration and extraction of gas from the Totimaidan field, with an investment of around one billion dollars, was signed between the Ministry of Mines and Petroleum and an Uzbek company in the presence of Mullah Abdul Ghani Baradar Akhund, the Deputy Prime Minister for Economic Affairs. According to the agreement, the contracting company will invest 100 million dollars in the first year and a total of one billion dollars over the course of ten years. In the first two years, the extracted gas will be used to generate 100 megawatts of gas-powered electricity.

The gas reserves of the Totimaidan field in Faryab province cover an area of approximately 7,000 square kilometers. Once extraction begins, it will significantly meet the country's gas needs and create both direct and indirect employment opportunities for thousands of citizens.

Latest news

Wed, Jul 22 2026 10:54 AM
Background image

Inter-Ministerial Investment Committee Meeting Held

The regular meeting of the Inter-Ministerial Investment Committee was held at the Marmarin Palace on July 21, 2026.

During the meeting, a proposal submitted by the private sector for. . .

Tue, Jul 21 2026 4:30 PM
Background image

Azizi Energy Procures All Technical Equipment for 10,000 MW Power Generation

The Deputy PM for Economic Affairs, Mullah Abdul Ghani Baradar Akhund, met today, Tuesday, July 21, 2026, at his office with national businessman and investor Mirwais Azizi and his. . .

Wed, Jul 08 2026 2:17 PM
Background image

Mullah Abdul Ghani Baradar Akhund Meets the United Nations High Commissioner for Refugees

Mullah Abdul Ghani Baradar Akhund, Deputy PM for Economic Affairs, met today Wednesday, July 8, 2026, in his office with Barham Saleh, the United Nations High Commissioner for Refugees.. . .

BACK TO NEWS