Afghanistan, June 17 -- A 25-year oil contract for the Amu Darya field was cancelled due to repeated violations by the Chinese company involved.
The Taliban's Ministry of Mines and Petroleum has announced the cancellation of a 25-year oil extraction contract in the Amu Darya basin with the Chinese company Afchin, citing repeated breaches of agreement terms.
In an official statement issued on Tuesday, June 17, the ministry stated that joint investigative committees had been formed to examine contractual violations. The findings reportedly confirmed that Afchin had repeatedly failed to meet its obligations.
The statement added that Afchin was not only non-compliant but also failed to implement agreed commitments, prompting the ministry to ...