An Energy Boom In Afghanistan?

Image credit: Wikicommons

Afghanistan’s Coming Energy Boom? -- Zachary Keck, The Diplomat

Last month Afghanistan’s Minister of Mines, Wahidullah Shahrani, told the Wall Street Journal that he expects the country to start exporting oil as early as this year. Mr. Shahrani explained that oil wells in the Amu-Darya Basin in northern Afghanistan, while currently producing no oil, will have an output level of 25,000 barrels of oil a day by the end of this year. He also said that this is expected to rise to 40,000 bpd in 2014.

All of this oil will be exported initially, as Afghanistan’s first oil refinery is not expected to come on line for at least two to three years.

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My Comment: The resources are there, but with no infrastructure and a tenuous security situation .... who wants to invest "serious money" into such an unstable country .... I know that I would not.

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