24 Hrs
Source:
الصحيفة
_1777011671128_85597701.png&w=48&q=75){kind=small}
Bennali: 10 firms, including Morocco, exploring oil and gas
The article addresses the activity of the oil and gas exploration sector in Morocco, where the kingdom currently hosts about 10 diverse companies, including both Moroccan and foreign institutions. Fifty-three licenses and exploitation permits have been granted, covering offshore and onshore areas as well as exploitation concessions, reflecting an expansion in hydrocarbon resource exploration efforts. The Minister of Energy Transition and Sustainable Development emphasized that the legal framework supports investments despite existing challenges, noting discoveries of natural gas in various regions. She also mentioned that the government is working on reforms to enhance the sector's performance and increase Moroccan investments. Additionally, the report highlighted that Morocco has experienced no disruptions in energy supply over the past five years, with increased storage capacities to strengthen national supply security.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)