Editor in Chief: Moh. Reza Huwaida Saturday, June 24th, 2017

Afghanistan Imports 30% of Consumed Oil, Gas from Iran

Afghanistan Imports 30% of Consumed Oil, Gas from Iran

KABUL - CEO of Afghanistan Oil and Gas Enterprise Walid Tamim announced here on Sunday that 30 percent of Afghanistan's consumed oil and gas is imported from Iran.
Official: Afghanistan imports 30% of consumed oil, gas from Iran
Answering IRNA’s question concerning exact figures of import, Tamim said because of imports by several private companies, the exact figures should be calculated.
He said that Iran is one of the important countries for Afghanistan in terms of supplying oil and gas.
Tamim went on to say that the figure for gas and oil trade in Afghanistan is $4.5 billion annually, so the enterprise decided to avoid oil and gas price fluctuations in the country and earning benefit and revenue for government to enter competition with the private sector.
Answering a question concerning lack of influence of oil price of the world market in Afghanistan, Tamim said that many countries are buying crude oil, but Afghanistan imports refined oil and gasoline, which has no tangible impacts on price.
He went on to say that the enterprise was established 55 years ago and its activities were ceased for 15 years and it resumed work and gained an annual revenue of one billion afghani which was equal to around $14 million for the government.

Afghanistan is importing all its oil and gas from Iran, Turkmenistan, Kazakhstan and sometimes from Iraq. (IRNA)