North Africa
Morocco
Whilst Morocco doesn’t have the oil or gas riches of some of its neighbors it is a beacon of (relative) stability in an often turbulent region.
State of Play
A stand out among Mena energy importers as being both stable and relative economic success, Morocco is also the regional leader in terms of solar power – though, again, this says as much about the competition as about Morocco. Recent gas discoveries hold out the prospect of reduced energy dependence on Algeria.
2020 In Numbers
| Installed Power Capacity | 10.7 | GW |
| Installed Wind Capacity | 1.22 | GW |
| Gas Consumption | 77 | mn cfd |
| Gas Imports (from Algeria) | 68 | mn cfd |
| Gas Output | 9 | mn cfd |
| GDP Growth | -7 | % |
| Unemployment Rate | 12.5 | % |
28 May, 2021
Featured
Morocco Reboots LNG Import Plans
Energy-poor Morocco has replaced long-stalled plans for a pricey fixed LNG import terminal with more economic FSRU plans.
Morocco’s LNG Import Plans
NEWS IN BRIEF
SDX: Egypt Down, Morocco Rebound
21 May, 2021
Morocco Gas Record, Q2 Drilling
7 May, 2021
Morocco Completes 180MW Wind Farm
2 Apr, 2021
Chariot Cuts Morocco Ambitions
8 Jan, 2021
Morocco Gas Record, Q2 Drilling
24 Dec, 2020
Morocco To Recognize Israel
11 Dec, 2020
Morocco: €253mn For Green Investments
2 Oct, 2020
Taqa Places Moroccan Bond
18 Sep, 2020
SELECTED DATA
Morocco Gas Consumption (mn cfd): Almost 90% Is Imported From Algeria
Morocco’s Economy Is Set For Its Highest Contraction (GDP Growth %) On Record This Year
Morocco’s Fiscal Deficit (% Of GDP) Soars To New Highs On With The Collapse Of Revenues
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