China explores Afghan oil

China’s state oil firm is reported to have signed a deal to explore Afghanistan oil. According to media reports, China National Petroleum Corporation (CNPC) is to develop three blocks with […]

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By Vicky Ellis

China’s state oil firm is reported to have signed a deal to explore Afghanistan oil. According to media reports, China National Petroleum Corporation (CNPC) is to develop three blocks with the potential for 87 million barrels in the war-torn state with local partner Watan Group from October 2012.