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Morocco’s import plans overshadow domestic gas potential

Morocco is looking to lure explorers into its upstream gas sector, but domestic production will not supplant plans to import large volumes of gas Morocco is looking to lure explorers into its upstream gas sector, but domestic production will not supplant plans to import large volumes of gas.
By Felix Janvrin 26 February 2019 Middle East & Africa / Exploration & Production 0 33975
The Ain Beni Mathar integrated combined-cycle thermo-solar power plant in Morocco. (Philippe Roos/Flickr).jpg

Morocco has developed attractive terms for would-be entrants to its upstream gas sector, but at the same time it seems to be planning for increased imports of the fuel. 

Moroccan Energy Minister Aziz Rabbah tried to make a strong case for potential investors in his country’s gas sector when speaking at the second Morocco Oil & Gas Summit earlier this month. He said Morocco possessed the world’s fifth-largest shale reserves and that $40 billion was expected to be invested in its energy sector by 2030, adding...