Ministry of Mines and Petroleum

About

It has been estimated that Afghanistan holds more 1 trillion worth of natural resources that include, iron ore, copper, gold, precious stones, and semi-precious stones, and hydrocarbons. Ministry of Mines and Petroleum as the manager of all-natural resources in Afghanistan is committed to performing its responsibilities for sustainable usage of the resources (Minerals and Hydrocarbons) to sustain financial growth and the balance payment. Following the mining sector roadmap, the regulatory body of the Ministry initially has operational independence and, over time it will function as the regulatory department and, the department will be responsible for regulating the bidding process. Meanwhile, the operational sectors will be corporatized consist of Afghan Gas Enterprise, Kod-e-Barq Enterprise, North Coal Enterprise, and Jabal Saraj Cement Factory. The ministry has implemented new reform strategies to make efficient use of resources and, to attract investment in the extractive sector, namely the legal framework that includes Hydrocarbons Law, the New Mines Law and, the Mining Regulations for the process, implementation and effective management of mining and hydrocarbon contracts. The Ministry of Mines and Petroleum has adopted and implements a new approach and policy to promote private investment and expand investor interest in the extracting sector in the best interest of Afghanistan. It is also the responsibility of the Ministry to safeguard and secure companies that want to invest in the sector leading the country into a modern, modern, sustainable and capable society. Vision We support equitable knowledge-based development, transparency, and sustainable use in Afghanistan's extractive sector. Mission Policymaking, operationalization, and regulation of the extractive sector for an effective, efficient and sustainable use for the national economic growth.