Home EU Morocco’s natural gas import from Spain reaches sevenfold

Morocco’s natural gas import from Spain reaches sevenfold

117

(3 minutes read)

Morocco’s natural gas imports from Spain hit sevenfold as against the corresponding period in the previous year. Ennagas, the authoritative operator of the Spanish gas network reports that during the current month, Spain’s gas exports to Morocco via the Tarifa gas pipeline reached 880 GWh, marking a sevenfold rise from the 123 GWh recorded in September 2022.

Morocco’s natural gas imports from Spain hit sevenfold as against the corresponding period in the previous year. Ennagas, the authoritative operator of the Spanish gas network reports that during the current month, Spain’s gas exports to Morocco via the Tarifa gas pipeline reached 880 GWh, marking a sevenfold rise from the 123 GWh recorded in September 2022. Spanning the period from October 2022 to September 2023, the cumulative natural gas imports from Spain to Morocco amounted to 8,664 GWh, as per the most recent statistical report released by Ennagas.

It’s essential to note that while this increase is significant, Algeria continues to maintain its position as Spain’s primary supplier of both natural gas and liquefied natural gas, followed by the United States and Russia, according to the same source.

Read Also:

https://trendsnafrica.com/morocco-solidly-backs-palestine-cause-calls-for-de-normalization-of-relations-with-israel/

https://trendsnafrica.com/rebuild-morocco-usd-1-3-billion-for-resilient-green-cities/

https://trendsnafrica.com/lg-chem-to-set-up-production-centre-in-morocco-to-produce-cathode-for-evms/

In February 2023, the Spanish government estimated that maintaining the current level of exports would result in an annual billing, encompassing tolls for access to transport networks, local networks, and re-gasification, reaching up to two million euros concerning Morocco. This attests to the escalating energy trade between the two nations, signalling further economic cooperation and growth.