Financial Times FT.com

Afghanistan’s untapped oil and gas underestimated

By Alexander Kliment in Washington

Published: March 15 2006 14:11 | Last updated: March 15 2006 14:11

Afghanistan’s untapped oil and natural gas reserves may be significantly larger than previously thought, according to the results of a survey by the US Geological Survey (USGS) and the Afghan Ministry of Mining and Industry released in Washington on Tuesday.

The survey, the first by the USGS in Afghanistan, shows that two northern regions could contain as much as 1.5bn barrels of oil, and 15.6tr cubic feet of natural gas.

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