ANNOUNCEMENT 01 Mar 2011

In March 2011, the government of Afghanistan announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ministry of Mines and Petroleum (in English), http://mom.gov.af/en/announcement/10780
UNCTAD report (in English), http://unctad.org/en/Docs/webdiaeia20115_en.pdf
Hydrocarbon Law (in English), http://www.afghantajiktender.com/docs/Hydrocarbon%20Law.pdf


Inception date: 01 Mar 2011 | Removal date: open ended

FDI: Entry and ownership rule

On 1 March 2011, Afghanistan's Ministry of Mines and Petroleum initiated the liberalisation of the country's hydrocarbon sector by issuing a tender offer for oil exploration and production in the Amu Darya Basin in the Northern part of the country. This first public tender is based on the country's new hydrocarbon law which states that 'all hydrocarbon operation contracts shall be awarded through public tenders'. 

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A