KABUL: The Ministry of Mines and Petroleum, said in a statement on Sunday, that 20,000 tons of crude oil that had been extracted from the Amu Darya oil basin have been sold for 10 million U.S. dollars through a bidding process.
According to the statement, the bidding ceremony was attended by the acting Minister of Mines and Petroleum Shaikh Shahabuddin Delawar and representatives of several domestic companies.
Ten domestic companies attended the bidding ceremony, and Qaisar Baba Ltd was able to successfully purchase the crude oil by offering the highest price of 10 million U.S. dollars, the statement further said.
It’s mentionable that 130,000 tons of crude oil worth 71.6 million U.S. dollars have been sold within the last ten days, the statement added.