Kazakhstan considers oil production projects in Afghanistan
ASTANA -- Kazakhstan is considering oil projects in Afghanistan, Deputy Minister of Industry and Infrastructure Development Timur Toktabayev said during a session of parliament Monday (March 4), AKIpress reported.
KazMunayGaz, the state-owned oil and gas company of Kazakhstan, and KazGeologiya are holding talks over potential oil projects in Afghanistan, he said.
Work on three potential oil and gas fields in Afghanistan is under way, and "we expect results soon", Toktabayev added.
Annual trade between the two countries is worth $520 million, according to Toktabayev.
Afghanistan has deposits of oil, copper, beryllium, manganese and tin, while Kazakhstan exports wheat, flour, flax seeds and natural gas to Afghanistan, he said.