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Heratan’s COGD revenue up 2.5-fold this year

Heratan’s COGD revenue up 2.5-fold this year

Sep 17, 2016 - 18:29

MAZAR-I-SHARIF (Pajhwok): The revenue of the Crude Oil and Gas Department (COGD) at the Heratan Port of northern Balkh province has soared by 2.5-fold compared to last year’s returns, an official said on Saturday. 

Mohammad Azam Azami, COGD director, told Pajhwok Afghan News increased coordination with businessmen and improvement in the department’s services were reasons behind the unprecedented surge in this year’s revenue.

He said Central Asia was now connected with the port through water and railway lines making easy exports and imports through the dry port to a greater extent.

Azami said COGD collected 17 million afghanis in revenue during the first three months of last solar yearinfo-icon compared to 52 million afghanis so far collected during the first four months of the current year.

He said his department had 22 private sector installations where crude oil could be stored and a large portion of the revenue was earned through these facilities.

He said the port had more capacity to store crude oil and gas than any other port of the country, thus having the chance for even increased revenue in future.

He said besides the privately owned storage facilities four state-owned storage facilities for crude oil also existed at the port with the capacity to store 89,000 tonnes of crude oil.

The official said six refineries had been established at the port and all had obtained permits from the central government.

According to Azami, COGD has 350 employees who work for protection and processing of crude oil at the port. In addition, 150 individuals from other provinces also work in the department.


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