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China Seeking to Build Gas Pipeline from Turkmenistan to China through Tajikistan and Afghanistan

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(BNA), Thursday 07 June,

 

Afghan  President Hamid Karzai met Jiang Ziemin, Chairman of the Board of Directors, China National Petroleum Corporation (CNPC) yesterday  in Beijing ,China.

Chairman Ziemen renewed the CNPC’s commitment for effectively implementing the Amo River oil exploration & extraction contract awarded to the corporation last year and declared that the CNPC is also keen to conduct techno-economic feasibility studies for both gas deposits in Amo River Basin and the Turkmenistan-China gas pipeline through Tajikistan and Afghanistan, thus seeking Afghanistan’s support to this end.

Taking into account the importance and benefits of such projects for the country, President Karzai said, Afghanistan sees its stability and economic development in enhancing economic cooperation with the People’s Republic of China.

The President ordered Wahidullah Shahrani, Afghanistan’s Minister of Mining to prepare a comprehensive framework agreement for cooperation between the Afghan government and the CNPC. It was also instructed that the framework be signed and implemented by the two sides following an approval by the Cabinet of Afghanistan and the CNPC.

It was decided that a CNPC delegation visit Kabul in the current month (June) in order to ink the framework agreement with the Afghan government.

The CNPC is the 7th largest petroleum company in the world that received the contract last year for exploration and extraction of three oil deposits of Amu River Basin through an international bidding. The CNPC would start extracting the deposits in September of this year.

 

Last modified on Thursday, 07 June 2012 12:00

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