
Morocco to Raise Cooking Gas Prices Annually Through 2026
As decided by the government, the price of the gas cylinder will increase from next year. This should continue in the following years.

As decided by the government, the price of the gas cylinder will increase from next year. This should continue in the following years.

Due to an announced decompensation, the prices of certain consumer products such as gas, flour and sugar will be more expensive for Moroccan consumers.

The gas cylinder sold in Morocco should see its price gradually increase over three years, Prime Minister Aziz Akhannouch has just revealed.

Despite pressure from Algeria, Spain has continued to transport gas to Morocco via the Maghreb-Europe pipeline in the reverse direction, multiplying the volume of these shipments sevenfold in one year.

SDX Energy has announced the discovery of a significant gas field in the Gharb basin, the exploitation of which will contribute to the economic development of the region.

The Moroccan Ministry of Energy Transition and Sustainable Development has just granted a new permit for the exploitation of a new natural gas field in Douar Oulad Belkheir, in the west of the kingdom.

Chariot Limited announced on Tuesday the signing of an oil agreement with Morocco for a new onshore exploration license in Loukkos, off Larache.

RPS Group, a UK-based company that provides professional services, has been entrusted with carrying out an important part of the environmental studies for the Morocco-Nigeria gas pipeline project.

In Morocco, the British company specializing in gas exploration, Chariot Oil & Gas, is stepping up a gear. It will soon obtain a new onshore gas exploration license from the National Office of Hydrocarbons and Mines (ONHYM). This will allow it to produce gas earlier than expected.

Shallow gas reserves within the MOU-3 well in Guercif (northeast Morocco) have been discovered by the oil and gas exploration company, Predator Oil & Gas Holdings Plc.

The CEO of the Nigerian National Petroleum Company (NNPC), Malam Mele Kyari, partner of the National Office of Hydrocarbons and Mines (ONHYM) in the construction of the Morocco-Nigeria gas pipeline, announced an investment of $12.5 billion, or 50% of the total cost of the project, to accelerate its implementation.

Since the activation of the Maghreb-Europe gas pipeline (GME) in the reverse direction, Moroccan gas imports have continued to increase, reaching a peak of 820 gigawatt-hours in March 2023, an increase of 1,200% compared to June 2022.