In a deal finalized on Wednesday, China’s National Petroleum Corporation became the first foreign company to tap into Afghanistan’s oil and gas reserves. Chinese officials have estimated that the deal could be worth at least $700 million, but some say China could earn up to 10 times that. China has not participated in the war effort, but it has managed to gain the biggest stake in Afghan minerals. In 2007, China inked a $3 billion deal securing access to copper mines in Mes Aynak, south of Kabul.
read more..
No comments:
Post a Comment