Russian Companies Ready to Invest in Afghanistan's Energy Sector

16 October

Russian investors have expressed readiness to finance projects in Afghanistan's mining, energy and industrial sectors during talks with the country's leadership, according to a statement from the office of Deputy Head of the Afghan Government Abdul Ghani Baradar.

 

The press release stated that representatives of Russian companies showed willingness to invest in oil, zinc, copper, and chromite exploration and extraction, as well as in water management, electricity generation, and technical equipment production.

 

To facilitate cooperation, the investors plan to open representative offices in Kabul. Baradar assured them of the Afghan government's full support, though specific company names were not disclosed.

 

Afghan broadcaster TOLO News reported that the Russian investors also met with officials from Afghanistan's Ministry of Water and Energy, showing particular interest in water transfer projects, dam construction, and power generation—including a major initiative to channel water from the Panjshir River to Kabul.

 

This interest follows Afghan Minister of Mining and Petroleum Hedayatullah Badri's August appeal to Russian investors at the Tatarstan Oil and Gas Chemical Forum, where he highlighted Afghanistan's untapped oil and gas reserves as promising investment opportunities.

 

 

GSV "Russia - Islamic World"

Photo: Danial/Creative Commons 4.0

Based on materials from TASS