Three companies to be shortlisted by Morocco for LNG imports deal

According to Reuters, Morocco’s Energy Minister, Abdelkader Amara, has stated that Morocco expects to shortlist three companies for its latest long-term LNG import contracts, with Shell currently in the running. The Minister expects that a decision will be made within two weeks, and will include 2 million tpa LNG deals, as of 2020.

Speaking to Reuters reporters, Amara said: “In the first phase it will be 2 million t, and the second step will be from 3.5 to 4 million t.

"Yes Shell made an offer and there are also (companies) from France, from Britain, from Spain and the US.

“In two weeks we will evaluate the offers and take a decision. It is likely we will have three suppliers.”

This will come as part of Morocco’s long-term LNG imports plan, as it seeks to diversify its fuel supplies and stop reliance on oil and coal imports. It is estimated to be worth up to US$4.6 billion and involve importing up to 7 billion m³ of gas by 2025. Currently, gas only represents 5% of Morocco’s total energy costs, as it only uses approximately 1 billion m³/yr of gas.

Edited from various sources by David Rowlands

Read the article online at: https://www.lngindustry.com/regasification/07102015/three-companies-to-be-shortlisted-by-morocco-for-lng-imports-deal-1422/