20,000 tons of crude oil extracted from the Angot area of the Amu Darya oil basin has been sold to a private company.

The Ministry of Mines and Petroleum said that this amount of oil was sold for more than $10 million after being auctioned among ten domestic companies.

The acting Minister of Mines and Petroleum Shahabuddin Delawar said that during the auction that more than forty years of wars have affected Afghanistan, and this ministry is trying to rebuild Afghanistan through revenue collection from mines.

Delawar also added that currently, eleven blocks of the Herat oil basin, with an area of 23,000 square kilometers, have been announced, and major domestic and foreign companies have shown interest in extracting this mine.

The acting Minister of Mines and Petroleum said: “Major national and international companies have come; their proposals will be collected very soon, and contracts for the extraction and exploration of the eleven blocks in Herat province, which covers an area of 23,000 square kilometers of oil and gas, will be signed.”

The officials of the winning company of this tender also pledged the processing of this amount of oil will be within the country.

“We participated in the tender for twenty thousand tons of oil from the Amu Darya basin, in which ten domestic companies participated, and our company was declared the winner with a contract worth 10.55 million dollars,” said Golzada Katawazi, the official of the winning company of the tender.

Based on information from the Ministry of Mines and Petroleum, in the past ten days, about 130,000 tons of oil extracted from the Amu Darya basin has been sold to domestic companies for $72 million dollars.