A signing ceremony with Afghanistan's Ministry of Mines and Petroleum took place on Tuesday, disclosing the agreement structure for the Sanduqli and Mazar-i-Sharif blocks.

Dragon will take a 40% stake, Turkey state player TPAO a 40% stake and Afghan family conglomerate Ghazanfar Group 20% in the two blocks in the northern part of the nation.

Dragon will operate the Sanduqli block, which comprises 2583 square kilometres and borders Turkmenistan and Uzbekistan, according to a company statement.

TPAO