The diplomatic crisis provoked by the reception of Brahim Ghali in Spain, and the recurring tensions with Algeria which supports the Polisario leader, are weighing on Morocco’s renewal of the concession of the Maghreb-Europe gas pipeline whose expiration is coming in November.
The future of the Maghreb-Europe gas pipeline will be played out in four months, upon the expiration in autonomy of the agreement linking Algeria and Morocco for its operation. The tension between the two countries does not bode well for a renewal of this contract, which penalizes Spain.
Already active in the gas sector in Morocco with an operating license obtained in March 2019, the British Predator Oil & Gas is launching a new major project.
The National Office of Hydrocarbons and Mines (ONHYM) has just launched a call for tenders for the recruitment of a firm that will be responsible for the studies preceding the implementation of the new 300-kilometer gas pipeline connecting Tangier to Casablanca. These are topographic and parcel surveys.
The British company Predator Oil & Gas is about to launch its drilling operations on its project located in the Guercif basin, in northeastern Morocco, after a year of suspension.
The British company "SDX Energy", based in London and specializing in oil and gas exploration, is launching its 2021 drilling campaign in Morocco. It has unveiled the schedule for the first phase of this initiative, which comes two months after the extension until the end of 2021 of the operating license for the "West Gharib" area.
Sound Energy and Afriquia Gaz are joining forces for the commercialization of natural gas in Morocco. The announcement of a partnership between the two parties was made by the executive chairman of Sound Energy, Graham Lyon.
The gas company Sound Energy PLC stated that it has not concluded any agreement with a Moroccan liquefied natural gas plant. The British company thus denies the rumors of the signing of a contract between the two parties.
Morocco will very soon proceed to the release of its gas resources. This project will allow the reduction of the kingdom’s dependence on coal and imports.
Morocco is preparing to launch two major gas projects in order to increase its natural gas production by 70 Mpi3 in the next five years.
For the month of January 2021, the subsidy on butane gas and sugar reached 1.196 billion dirhams (MDH) compared to 1.236 billion dirhams in January 2020. This is what the recent information bulletin from the Compensation Fund indicated.
A Nigerian government delegation was received on Tuesday by the Office Chérifien des Phosphates . This step is aimed at accelerating the construction work of the fertilizer and ammonia production unit in Nigeria, launched in 2018.