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Keywords: Energy market


Morocco-UK submarine cable project advances toward a sustainable energy future

The ambitious renewable energy project connecting Morocco to the United Kingdom, spearheaded by Xlinks, has reached a significant milestone. Designed to harness Morocco’s abundant solar and wind resources, the project aims to supply clean energy to the UK market by the early 2030s. Located in......

Morocco's fuel market shows resilience amid price fluctuations in Q3 2024

Morocco's fuel sector demonstrated mixed performance in the third quarter of 2024, with total fuel imports reaching 1.7 million tons valued at $1.26 billion, marking a 10.8% volume increase despite a 9.75% value decline compared to 2023. The revenue of Morocco's nine major fuel distributors......

Spanish Energy Firm Factorenergia Expands into Morocco with New Joint Venture

Spanish energy retailer Factorenergia has announced the establishment of a 50-50 joint venture with a local partner in Morocco, positioning itself to capitalize on the country’s energy market as it moves towards liberalization. This expansion is part of the company's ongoing international growth......

Morocco and South Africa Lead African Coal Consumption Amid Energy Transition Challenges

In a recent report, the International Energy Agency (IEA) has highlighted South Africa and Morocco's dominant positions in African coal consumption, with both nations maintaining significant usage despite shifting energy landscapes. South Africa remains the continent's primary coal consumer,......

US Dominates Morocco's Expanding Butane Market as Import Demands Surge

Morocco's butane gas imports have reached unprecedented levels in early 2024, with the United States emerging as the dominant supplier in this crucial energy market. During the first half of 2024, Morocco imported approximately 1.4 million tons of butane, signaling a significant uptick from the previous......

Morocco Ascends as Prime Market for Spanish LNG Amid European Decline

In a notable shift in regional energy dynamics, Morocco has emerged as the foremost destination for Spanish liquefied natural gas (LNG) exports. This transformation is underscored by recent data from the Spanish Agency for Strategic Reserves (Cores), which reveals a dramatic surge in Spain's LNG......