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[Saudi Arabia’s Delta Energy signs an oil and gas development agreement with Afghanistan and plans to promote the construction of a 700-kilometer natural gas pipeline] On September 9, Saudi Arabia’s Delta Energy Group signed a number of oil and gas cooperation agreements with the Afghan Ministry of Mines and Petroleum, involving oil and gas exploration in an area of ​​about 23,300 square kilometers in western Afghanistan, Herat natural gas utilization research and natural gas pipeline construction. According to the agreement, Delta Energy will carry out geological and geophysical exploration, seismic survey, exploration drilling and oil reservoir evaluation in the Kushk-Tirpul block in Herat Province, and study the feasibility of supplying gas to the Herat Industrial Park, Herat City and other areas. The two parties will also study the construction of a natural gas pipeline with a total length of about 700 kilometers to connect Herat and the areas near Kandahar. Delta Energy estimates that the potential investment scale of the pipeline in the next 10 years will be about 10 billion US dollars. This cooperation is expected to promote the development of Afghanistan's oil and gas resources and the construction of domestic natural gas infrastructure, and enhance its ability to connect the energy markets of Central Asia and South Asia.
Futures Market Intelligence 🕐 2026-09-09 16:36

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