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$12 billion oil and gas extraction deal finalized

Officials from the Ministry of Mines announced that three major firms located in Mazar-e-Sharif were awarded oil and gas extraction projects, which are set to start extraction work within the next three to five years. The firms will invest $12 billion in the project.

1.6 billion barrels of crude oil, 16 trillion cubic feet of natural gas are said to be located in the north of the country alone.