Morocco to take over ownership of Maghreb pipeline

Morocco plans to take full ownership of the Maghreb-Europe pipeline, which runs from Algeria to Spain via Morocco, Algerian Energy Minister Mustapha Guitouni said at a conference on Monday, according to Reuters.

Speaking after a meeting with his Moroccan counterpart Aziz Rabbah in Marrakech, Guitouni said that further meetings will take place to agree on the terms of the contract.