Morocco is planning to tender its planned $4.5bn LNG (liquified natural gas) facility in Jorf Lasfar before the end of the year, according to the country’s Energy Minister Aziz Rabbah.
“We’re looking to launch a tender for LNG. I hope we can do this before the end of this year because we’re reviewing the basis because the energy framework is changing very fast. [And we’d like] to have a good tender and good consortiums,” he told The National.
The LNG project will have the capacity to import up to 7 billion cubic metres of gas by 2025. Key features of the project are a: LNG import terminal, marine jetty, gas pipeline network and a combined cycle power plant with a capacity of 2,400 MW.
The Office National de l’Electricité et de l’Eau Potable (ONEE) has undertaken the energy project, which is of strategic importance to Morocco. In March last year, MEED revealed that ONEE awarded a financial advisory services contract for the gas-to-power project to a UK-based joint venture of PwC and QED Gas Consulting.
Morocco is a net energy importer and has stated that it is trying to diversify fuel supplies and reduce its dependence on foreign oil and coal.
Jorf Lasfar, where the terminal will be built, is situated on the Atlantic coast near where Abu Dhabi National Energy Company (Taqa) owns assets.
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By GlobalDataThis article is sourced from Hydrocarbons Technology sister publication www.meed.com, a leading source of high-value business intelligence and economic analysis about the Middle East and North Africa. To access more MEED content register for the 30-day Free Guest User Programme. https://www.meed.com/registration/