Economic

Agreement Worth $97 Million Inked

Tuesday, June 26, 2012
Kabul (BNA) In efforts to support the development gas projects in Shuburghan, an agreement was inked between the Ministry for Mines and the US Secretary here yesterday. 
Minister for mines Wahidullah Shahrani and Thomas Nights the deputy secretary of state inked the agreement on behalf of their governments. 
Under the agreement, the US would provide 97 million US dollars for the rehabilitation of two gas wells and digging two more wells in Jangal Kalan area at the cost of 37 million US dollars and establishing a plant to refine sulfur at a cost of 60 million US dollars for the construction of thermo-power plant. 
The fund will be provided by USAID. 
It is expected that the project will be completed by April 2015 and the implementation of this project would have positive impacts in providing job opportunities and wining the people trust for having permanent electricity.
 

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