Morocco Seeks Advisors for LNG Import Plan

Morocco Seeks Advisors for LNG Import Plan

Morocco has launched an international tender seeking advisors for its plan to boost liquefied natural gas (LNG) imports, state-owned power utility ONEE said, according to TradeArabia.com.

The plan -worth up to $4.6b- includes the import of up to 7 bcm of gas by 2025, the construction of a jetty, terminal, pipelines and gas-fired power plants.

Morocco, a net energy importer, aims to diversify energy supplies and reduce its dependence on oil and coal imports. It is also developing a plan to build 4GW of renewable energy.

In December 2014, Minister of Energy and Mining Abdelkader Amara presented a plan which called for the massive importation of LNG to reduce the kingdom’s dependence on other energy sources and diversify its methods of electricity production, Al Monitor reported.

Other of the main objectives of the Moroccan gas plan is to “meet the domestic electricity demand,” according to Amara. The demand for electricity is expected to rise by 6.1% annually between 2014 and 2016, and the gas plan aims to respond to this demand.

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