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Revealed by Jessica Casey,
Deputy Editor
LNG Trade,
Reuters has reported that Shell will provide Morocco with an annual 0.5 billion m3 of LNG below a 12-year deal, the North African nation’s power ministry lately stated.
The deal was signed by electrical energy and water utility, ONEE, and Shell, a ministry assertion stated with out disclosing monetary phrases of the transaction.
The fuel can be transported from Spanish ports initially, utilizing a fuel pipeline that hyperlinks the 2 nations, till Morocco builds its personal LNG terminals, the ministry stated.
The LNG will assist ONEE function two energy stations in northern and japanese Morocco that used to function on Algerian fuel despatched by the identical pipeline.
Algeria unilaterally determined in 2021 to halt fuel flows to Spain by way of Morocco by the pipeline. Rabat stated it will reverse the stream in 2021 by importing LNG from Spanish terminals.
ONEE is aiming to extend the share of fuel in Morocco’s electrical energy combine to fulfill low-carbon objectives, the ministry stated.
Renewables represented 18% of Morocco’s complete electrical energy manufacturing final yr whereas fuel accounted for just one.6% and coal 72%, official figures present.
By March 2023, renewable power represented 40% of the nation’s put in capability, with Morocco planning to extend that to 52% by 2030.
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/26072023/reuters-shell-to-supply-morocco-with-lng-in-12-year-deal/
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