Faced with the rise in prices of clandestine petroleum products on the Moroccan market, service station owners continue to denounce unfair competition, while calling on the competent authorities to take their responsibilities.
The black fuel market reigns supreme in Morocco to the point of worrying the owners of service stations. Faced with anti-competitive practices, they call on the Ministry of Energy to activate the implementing decrees of the Hydrocarbons Act to put an end to this situation.
With the gradual resumption of economic activity, a global upward trend in fuel prices is being observed, which could intensify in the coming weeks. While in Europe, a rise in oil prices was observed towards the end of last week, several analysts announce the same phenomenon in Morocco , this March 1st.
After 11 years of activity in Morocco , Repsol plans to leave the kingdom. The Spanish company wants to consolidate its oil and gas exploration and production activities in key geographic areas.
Fraudulent fuels create a huge shortfall for the Moroccan state. Based on this observation, the government intends to create a new laboratory specialized in the analysis of petroleum products in order to address this.
The government is preparing to build a new laboratory to control the quality of fuels in 2021, the Minister of Energy announced on Monday during the weekly oral question session at the House of Representatives. With this new construction, whose budget amounts to 10 million DH, the number of laboratories in charge of this mission is brought to 6 nationwide.
Faced with the various complaints of Moroccan carriers regarding the fuel franchise imposed by Spain, the Moroccan authorities have reacted. They now require Spanish transport companies to have a cooperation contract with a Moroccan carrier before operating in the Kingdom.
The index of production of manufacturing industries excluding oil refining fell by 21.4% in the second quarter of 2020 compared to the same period in 2019. This is the consequence of the widespread lockdown in force in Morocco as well as in the majority of partner countries.
The Competition Council has summoned the oil companies accused of "anti-competitive practices". Already, the lawyer for the oil company ZIZ, Kamal Habachi, announces that he will challenge any sanction.
While they had fallen during the confinement period, the prices of the various fuels are now on the rise again in the Moroccan service stations.
The investigation into the alleged cartel of fuel distributors has been completed, and the Competition Council has sent its final grievances to the Groupement des Pétroliers du Maroc (GPM) and the 9 operators concerned.
The oil and gas exploration company SDX Energy wants to launch two new tests on the LMS-2 deposit of the Lalla Mimouna (Kenitra) permit at the end of the 3rd quarter or the beginning of the 4th quarter of 2020.