The National Federation of Owners, Merchants and Managers of Service Stations in Morocco denounces a pernicious practice by hydrocarbon distributors. This denunciation comes a few weeks before the publication of the annual report of the Competition Council on the state of competition, particularly in the liquid hydrocarbons sector.
The trade deficit reached 16.3 billion dirhams at the end of January, an increase of 1.7%, with a coverage rate of 59.8% recorded. A slight increase in imports to 40.7 billion dirhams was also noted, compared to 24.3 billion dirhams for exports.
To fight organized theft, and following a series of attacks, ONEE has demanded the strengthening of the surveillance and protection system for its field operators.
The National Office of Electricity and Drinking Water (ONEE) denied, on Tuesday, allegations about an upcoming reduction in the duration of drinking water supply to cope with the lack of rain.
Studies have been launched in Tunis this Tuesday for the gradual implementation of a Maghreb electricity market, which will come into operation by 2025.
While Spain’s electricity needs have increased due to the closure of the last coal-fired power plants, imports from Morocco have increased sharply in 2019. A situation that is causing total outrage in Spain.
Moroccan electricity imports have fallen by 93.5%, compared to 2018 when the country imported 2.3 billion dirhams worth.
According to an economic study conducted by the King Abdullah Petroleum Studies and Research Center (KAPSARC), the renewable energy sector in Morocco, Egypt, and Jordan represents 1% of total employment.
Schneider Electric and the Moroccan company Kazinov, concluded on Friday, January 17, a partnership agreement for the creation, in Morocco, of an assembly unit for medium voltage connected electrical panels. This agreement will allow Kazinov to use Schneider Electric’s technology and know-how.
The Ministry of Energy has given the green light to the British company, Sound Energy, to build a 120-kilometer gas pipeline.
Morocco is working to rank among the nations that invest enough in the renewable energy sector. The Minister of Energy recently announced that the Kingdom plans to increase the share of renewable energies in the national energy mix to 41% by next year.
In an interview published on the Largus website, Yves Peyrot des Gachons, director of the Maghreb region for the automotive manufacturer PSA, announced the brand’s dream of being the leader in the automotive market with the 208, produced in Morocco, and the introduction of electric vehicles in the Maghreb.