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Project Insights

Morocco aims high with LNG and power plans

Morocco’s plan to tender an integrated LNG and gas-to-power project may struggle to find interest among private companies Morocco’s plan to tender an integrated LNG and gas-to-power project may struggle to find interest among private companies.
By Verity Ratcliffe 30 September 2015 Middle East & Africa / Supply & Demand 0 17719
The project will feature LNG import facilities at Jorf Lasfar as well as CCGT power plants. (ONEE)

The Moroccan government plans to award a single contract for its integrated LNG and gas-to-power project, but financing a project of this size in Morocco will be far from straightforward.

The giant project, first mooted in late 2014, aims to meet the country’s rising energy demand and will feature a 5 billion cubic metre per year LNG import facility at Jorf Lasfar, along with several combined-cycle gas turbine (CCGT) power plants.

By the energy ministry’s own estimates, the project’s capital costs will hit $4 billion – excluding...