Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

Friday, March 2, 2012

Oil Exploration Auction in Afghanistan

There is an estimated 600 million barrels of crude oil in the western half of the Afghan-Tajik Basin. Afghanistan will be soon auctioning off the rights for exploration and production to the Afghan blocks. Read more in "Afghanistan Sets Auction to Lure Bidders for Oil Exploration", Bloomberg.com, March 1, 2012.