
British Firm SDX Energy Uncovers Major Natural Gas Reserves in Morocco
The London-based British company SDX Energy, specialized in oil and gas exploration, has announced a new gas discovery in Morocco.

The London-based British company SDX Energy, specialized in oil and gas exploration, has announced a new gas discovery in Morocco.

The British energy company Chariot Limited announced on Wednesday the discovery of natural gas in the Anchois-3 well, located off the Moroccan coast.

Equatorial Guinea has recently signed an agreement with Nigeria for the construction of a gas pipeline connecting the two countries. The announcement of this new partnership has raised questions about the future of gas pipeline projects between Nigeria and Morocco on the one hand, and Algeria on the other, intended to serve Europe.

The Algerian authorities fear that the Moroccan-Nigerian Atlantic African gas pipeline project launched by King Mohammed VI and the former Nigerian president could jeopardize the future of the Nigeria-Niger-Algeria gas pipeline.

Some North African countries, including Morocco, are setting up CO₂ transport and storage infrastructure to avoid the European Union’s new carbon tax.

While the Algerian authorities had cited political tensions with Morocco in 2021 to justify the closure of the Maghreb-Europe gas pipeline (GME) crossing the kingdom, a former senior Algerian official has just stated that this decision was rather motivated by the unprofitability of this pipeline.

The government’s decision to remove the butane gas subsidy is timely and salutary in the sense that these financial resources will be used to strengthen direct aid to vulnerable groups, said Abdellatif Jouahri, Wali of Bank Al-Maghrib, on Tuesday.

Morocco is about to launch a tender for the construction of a floating liquefied natural gas (LNG) terminal at the port of Nador West Med.

The specter of fraud looms over butane gas bottles in Morocco, according to a revelation by MP Nezha Abakrim, member of the Socialist group.

The British company Chariot Oil & Gas has recently announced a major natural gas discovery in Morocco, in the "Loukos Onshore" license.

In Morocco, some snail vendors have raised their prices due to the explosion in the price of gas. Is there really a correlation between these two events?

Civil society organizations are preparing to demonstrate against the rise in gas prices in Morocco, of 10 dirhams for the 12 kg bottle, and 2.5 dirhams for the 6 kg bottle.