After the closure at the end of October of the Maghreb-Europe gas pipeline (GME) linking Algeria to Spain via Morocco, Medgaz has become Algeria’s only alternative to continue supplying gas to Spain. But with a smaller capacity than the GME, this gas pipeline was not fully meeting Spain’s needs. In a few weeks, the situation will change radically.
The Spanish Minister of Foreign Affairs, José Manuel Albares, praised the good migration cooperation with Morocco, which has prevented the entry of more than 1,000 migrants into Ceuta and Melilla on Christmas Day. He also wishes for a rapid resumption of relations with the kingdom.
Taoufik Laâbi, energy consultant and former director of strategy and planning at ONEE, decodes the discovery of a new gas reservoir at the Anchois-2 well off Larache, announced by the British company Chariot Oil & Gas.
The diplomatic crisis between Spain and Morocco, opened since April with the reception of Brahim Ghali, the leader of the Polisario Front, in a hospital in Logroño, is not about to reach its epilogue. For the moment, no meeting is planned between King Mohammed VI and Pedro Sanchez for a high-level dialogue to ease tensions.
The British company Predator Oil & Gas has published the results of the technical report by SLR Consulting which has re-evaluated Predator’s onshore facilities in Guercif. It announces good news.
The production of natural gas discovered off the coast of Larache will start around late 2024, according to the National Office of Hydrocarbons and Mines (ONHYM). Located in the Lixus permit, the Anchois 2 well presents, it is said, "encouraging results".
Spain is importing more liquefied natural gas than natural gas since the closure of the Maghreb-Europe gas pipeline at the end of October.
A new natural gas reservoir has been discovered off the coast of Larache by the semi-submersible drilling platform Stena Don, which is carrying out drilling operations on two wells of the "Anchois" field for the British company, Chariot Oil & Gas.
In December, Spain imported 69% of liquefied natural gas compared to 47% in 2020, an increase due to the closure by Algeria of the Maghreb-Europe pipeline passing through Morocco.
After the non-renewal by the Algerian authorities of the Maghreb-Europe gas pipeline (GME) connecting Algeria to Spain via Morocco, the Moroccan authorities are working to find alternative solutions. The port of Mohammedia will soon welcome the first Moroccan LNG terminal, equipped with a unit for converting liquefied natural gas into natural gas.
Afriquia Gaz has granted a $18 million loan to the British company Sound Energy to finance the development of the first phase of the natural gas production project in Tendrara. This loan financing runs until 2033.
In Tangier , civil protection elements discovered the lifeless bodies of three young women and a man in an apartment in the Tanja Balia neighborhood. They died from butane gas asphyxiation.