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Russia ready to supply 1.5 million tons of oil to Afghanistan

(Last Updated On: March 15, 2016)

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Russia is considering the possibility of supplying Afghanistan with 1.5 million tons of oil every year.

Russia’s Deputy Minister of Energy Yury Sentyurin says that Afghanistan consumes more than 3 million tons of petroleum products for its own personal needs and uses another 3 million for the International Security Assistance Force.

According to the Russian minister, Russia does not intend to supply Afghanistan with all of the 6 million tons of oil products but it could easily supply 1-1.5 million.

“I do not think that we need to monopolize the market. We have proposed a strategic idea to our Afghan partners to form a strategic national reserve,” the minister said.

Meanwhile, a number of Afghan economic analysts say that this assistance is in country’s interest for the current situation and the consumption of oil should set in a regular schedule.

Considering the problems that Afghan traders often face in transit through Iran and Pakistan, the Russia can be a reliable alternate.

Afghan and Russian authorities have agreed to expand business and economic relations between Afghanistan and the Russia.

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