
Morocco's Gas Reserves Poised to Boost Energy Security and Economic Growth
Morocco has significant gas reserves that can guarantee its energy security and bring significant revenue to the national economy, according to Sound Energy.

Morocco has significant gas reserves that can guarantee its energy security and bring significant revenue to the national economy, according to Sound Energy.

The fire that broke out around 6 p.m. on Thursday in a gas depot in Mohammedia is completely under control, according to local authorities.

The lifeless bodies of four members of the same family were found in the Benkirane neighborhood in Tangier. An investigation has been opened to determine the circumstances of this tragedy.

The Israeli company NewMed Energy announced on Tuesday the signing of a memorandum of understanding for the exploration and production of offshore natural gas located off Boujdour, on the South Atlantic coast.

The oil and gas exploration company NewMed Energy intends to invest in natural gas exploration in the Moroccan Sahara.

The British oil and gas exploration and production company "Europa Oil & Gas" has decided to give up the extension of the Inezgane license located off the coast of Morocco. It cites "a difficult decision".

Morocco is the ideal place for investors and will become the next energy hub. These are the words of Yossi Abu, CEO of NewMed Energy, an Israeli oil and gas exploration, development and production company that aspires to become a major player in the kingdom.

SDX Energy , the British gas explorer operating gas fields in the Gharb basin in Morocco, announces that it has made two discoveries from the recently completed SAK-1 and KSR-20 wells. These discoveries pave the way for the opening of a new gas production area.

The Morocco-Nigeria gas pipeline project is progressing. Pending the final decision expected in Abuja in 2023 , the technical committee organized a series of meetings in Rabat this week.

To cope with the continuous rise in fuel prices, some motorists have found a solution: driving on butane gas. Moroccan authorities threaten to crack down.

Despite the international situation, the Moroccan government will maintain subsidies to ensure price stability for butane gas, wheat and sugar on the domestic market in 2023.

The possible lifting of the subsidy on the price of the gas bottle in favor of granting direct aid to households living in precariousness is not well received by the Moroccan Federation of Consumer Rights.