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Turkey to invest in Afghanistan’s energy sector

5 March 2013 12:36 (UTC+04:00)
Turkey to invest in Afghanistan’s energy sector

Turkey is interested in investing in the energy sector of Afghanistan, the Sabah newspaper quoted Turkish Energy Minister Taner Yildiz as saying on Tuesday.

Yildiz said that Afghanistan has rich water resources that can be used in the energy sector.

"During my meetings with Afghan counterparts, they said Afghanistan is also interested in Turkish investments in the country's energy sector," Yildiz underscored.

Yildiz said the Turkish Petroleum Corporation (TPAO) will invest $100 million in Afghanistan in the first phase.

According to Yildiz, TPAO won the tender for oil exploration and production in the Afghan province Mazar-i-Sharif.

He added that four Turkish companies have won the tender for gold exploration in Afghanistan.

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