The Ministry of Mines and Petroleum (MoMP) awarded a contract for sedimentary salt extraction in Ghoryan District with the private company Nasir Omid Salt Extraction Company.
Acting Minister Nargis Nehan said about 25,000 tonnes of salt would be excavated each year.
In accordance with the agreement, the company will pay a fee of 1,065 AFN for each tonne of salt, which will generate a value of 26 million AFN for the ministry.
The company has agreed to invest an amount of$400,000 into the salt extracting project and employing as many as 2,000 people.
Moreover, the company will pay 120,000 AFN to the ministry for renting out land during the period.
Nehan said there would be no compromise on the royalty amount in accordance to the new condition.
“We will not reduce the royalty amount and if the company asked for it, we will terminate the contract,” said Nehan.
MoMP is considering to award contracts for some other mines in 2018.
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The company has agreed to invest an amount of$400,000 into the salt extracting project and employing as many as 2,000 people.
Moreover, the company will pay 120,000 AFN to the ministry for renting out land during the period.
Nehan said there would be no compromise on the royalty amount in accordance to the new condition.
“We will not reduce the royalty amount and if the company asked for it, we will terminate the contract,” said Nehan.
MoMP is considering to award contracts for some other mines in 2018.
#Africa
... spill TEA....
Easy on Shade
#jaiyeorie
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