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    Morocco in Talks to Import Gas

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Summary

Morocco is in talks to import up to 7 billion cubic meters of gas by 2021, news agency Reuters reported country’s energy minister as saying.

by: shardul

Posted in:

Asia/Oceania

Morocco in Talks to Import Gas

Morocco is in talks to import up to 7 billion cubic meters of gas by 2021, news agency Reuters reported country’s energy minister as saying.

With an aim to diversify its supply source and reduce reliance on oil and coal, Minister Abdelkader Amara has made contact with gas- exporting countries. Reuters added that private companies have also show interest.

"I have made contacts with Qatar, now I am waiting to hear from them. I am also planning a roadshow to Russia and United States," Amara told Reuters adding that two offers have been received from private international companies.

According to the news agency, Morocco currently consumers 1 bcm of gas, including around 70 million produced locally, but that is still only 5 percent of its energy bill.

In December, Amara had said Morocco would also look to build an LNG terminal at Jorf Lasfar near the western port city of El Jadida within five years to facilitate imports of LNG.