Why is this important
The agreement will strengthen Afghanistan’s energy independence and reduce gas and electricity imports. For Uzbekistan, this is an opportunity to export technological solutions and strengthen cooperation with the neighboring country.
The project is designed for a long-term perspective (25 years), which provides investment stability and potential for the sector’s scalable development.
Key facts
- The gas exploration and production contract was signed between Railcom (Uzbekistan) and KAM Group (Afghanistan) for a period of 25 years.
- The Toti-Maidan deposit is located in the Juzjan province, covering an area of approximately 7,500 km, with about 30 wells already operating.
- The first stages include investments and the application of modern technologies, as well as consideration of environmental requirements.
- Afghan Deputy Prime Minister Abdula Ghani Baradar emphasized that the project will help reduce dependence on energy imports and create opportunities for gas exports.
What they say
- Bakhtiyor Mamadkarimov, First Deputy Minister of Energy of Uzbekistan, noted that the project signifies great cooperation between the countries.
- On the Afghan side, the Minister of Mining and Petroleum claims that the contract will serve as a model for partnership and will be implemented according to established standards.
Context
This agreement is part of a series of investment initiatives between Uzbekistan and Afghanistan in the energy sector; it is noted that projects have been activated in recent months. The Toti-Maidan gas field has long been considered one of the key sources for restoring Afghanistan’s energy potential.
