Sunday, October 21, 2012

US Troops protecting Chinese oil wells

  • (Reuters) - A Chinese firm has started extracting oil from the Amu Darya basin in northern Afghanistan, mining officials said, a key moment in the country's quest to pay its own way.

Afghanistan signed a 25-year contract with National Petroleum Corp (CNPC) last December covering drilling and a planned refinery in the northern provinces of Faryab and Sar-e-Pul. It is the first major oil production in the country.

http://uk.reuters.com/article/2012/10/21/uk-afghanistan-oil-idUKBRE89K07Y20121021?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+Reuters/+%28News+/+UK+/+Business+News%29

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