BRICS: China Helps Taliban Sell $80 Million Worth Crude Oil in 10 Days
The war-torn Afghanistan ’s conservative government, the Taliban announced that it sold $80 million worth of crude Oil in 10 days. The sales come after BRICS member China poured in $49 million through CAPEIC investment last year to help the Taliban . China helped Afghanistan ’s Taliban government to boost their daily crude Oil output to 8,000 barrels per day (bpd). Taliban is now drilling new Oil wells and aims to generate $500 million in annual revenue from BRICS member China’s investment. Also Read: BRICS: Feds Acknowledge Sanctions Led To De-Dollarization Humayun Afghan, the spokesperson for Taliban’s Ministry of Mines and Petroleum reported that oil sales touched $80 million. The record number of sales was achieved in just 10 days. The Amu Darya basin in Afghanistan contains 962 million barrels of crude oil and 52,025 billion cubic feet of natural gas. BRICS member China is providing the Taliban with all financial assistance and technology to ...