The Afghan government has granted licenses to Uzbek companies for the geological exploration and development of hydrocarbon fields, Uz24.uz reported.
This decision serves to strengthen regional energy cooperation.
Information from officials confirms the legal basis of the project.
On September 14, practical work began at the Tuti-Maidon gas field in Afghanistan.
The project is planned to be implemented over 25 years.
The Uzbek company Eriell KAM has been designated as the operator.
This project could open the shortest route for Uzbekistan to access sea ports.
The development of infrastructure and stability will expand transit opportunities.
This will create new opportunities in the transit and logistics sectors.
If regional cooperation is strengthened, regional trade and transport flows will increase.
Stability and security in Afghanistan will be a crucial factor for the project's success.
Additionally, extra investments will be required in the technical and financial infrastructure sector.
It is expected that the practical work that has started will bring new jobs and economic benefits in this sector.
The long-term effect of the project may strengthen regional integration.
Officials will closely monitor the documents and the implementation schedule.
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