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Afghanistan clears oil deal with China’s CNPCKabul | Dec 26 The state-owned Chinese oil giant will develop three oil fields, along with Afghan company Watan Group, located in the Amu river zone in Sar-e Pol and Faryab provinces in northern Afghanistan, the statement said. “This is the first big contract for exploration and extraction of oil in Afghanistan,” the statement said. “There are 87 million barrels of oil in the area.” Tina December 26, 2011 - 11:14pm
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