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    Chinese Petroleum Company Settles Afghanistan Oil Deal


    by NTDTelevision

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    The Chinese regime is likely to obtain millions of barrels of oil after settling a deal to explore and extract oil in Afghanistan.

    Chinese state-owned company China National Petroleum Corporation has won a bid to develop oil blocks in the Amu Darya basin. The basin holds nearly 90-million barrels of oil.

    The contract involves oil production in the northern Afghan provinces of Sar-e Pul and Faryab.

    This is the second significant deal for a Chinese company—but the first for Afghanistan in decades.