Chariot, Morocco Ink Pipeline Tie-in Agreement

Chariot, Morocco Ink Pipeline Tie-in Agreement

In order to gain access to the significant Maghreb Europe Gas Pipeline (GME) in Morocco, Chariot Limited, the transitional energy firm with an emphasis on Africa, has signed a Pipeline Tie-In Agreement with the Office National des Hydrocarbures et des Mines (“ONHYM”). The GME, which is owned and controlled by ONHYM, extends from eastern Morocco through Tangier in the north and then over to Spain.

This arrangement will make it possible for the gas generated by the Anchois Gas Project, located off the coast of Morocco, to be transferred via the GME to several potential off takers.

Pierre Raillard, Head of Gas Business & Morocco Country Director at Chariot, commented: “I am very pleased to announce the signing of this Pipeline Tie-In Agreement with our partner on the Lixus licence, ONHYM. This moves Chariot a step closer towards delivering first gas from the Anchois gas field to potential customers using the GME pipeline. The Anchois Gas Project is a highly strategic asset given the continued volatility of global energy markets and combined with its proximity to the international GME pipeline, we are well placed to bring gas online as quickly as possible.”

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