Contract breach or banditry? Inside the collapse of the Taliban's oil deal with China
Summary
A deal between China and the Taliban for oil extraction in Afghanistan has ended due to disagreements. China had promised to invest in Afghanistan's oil fields, but the Taliban claimed the Chinese company did not meet its commitments. Meanwhile, Chinese employees accused the Taliban of taking over the project by force.Key Facts
- The oil deal between China and the Taliban was the first foreign investment in Afghanistan after the Taliban regained control in 2021.
- China agreed to invest $540 million over three years in the Amu Darya River basin oil fields.
- The contract required oil to be processed within Afghanistan, not transported abroad.
- The Taliban ended the deal in June, accusing the Chinese company of breaching the contract.
- Afghan officials said the Chinese firm failed to invest on time or complete infrastructure projects.
- Chinese workers claimed the Taliban forcibly took over the joint venture and expelled them from the site.
- There are reports that the Taliban seized passports from several Chinese employees to prevent them from leaving Afghanistan.
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