Afghan Oil Production Jumps With $49 Million Chinese Investment

FILE - An oil installation in an area near Herat, Afghanistan, Dec. 17, 2009. A Chinese company has invested in oil production in Afghanistan's Amu Darya basin.

A Chinese energy company’s investment of $49 million in Afghanistan’s oil production has helped boost the country's daily crude oil output to more than 1,100 metric tons, but the funding is just one-third of what Beijing originally pledged.