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Morocco plans to build an LNG terminal at Nador West Med (NWM) Port: Several Moroccan governmental bodies inked an MoU to boost LNG transport, storage, regasification, and trade infrastructure in the country, according to a statement released last week. Plans include the development of an LNG terminal at NWM Port and the construction of a new gas pipeline connecting the terminal to the Maghreb Europe Gas Pipeline
Who’s involved: The MoU was inked by Morocco’s Interior Ministry, Economic and Finance Ministry, Equipment and Water Ministry, Energy Transition and Sustainable Development Ministry. Several public agencies were also involved in the project, including Morocco’s National Ports Agency (ANP), Nador West Med Company, the National Office of Electricity and Drinking water (ONEE), the National Office of Hydrocarbons and Mines (ONHYM), and the National Motorway company of Morocco (ADM), according to the press release. Under the MoU, the initiative looks to boost the transition to renewable energy and cleaner fuels. A timeline and investment ticket for the project were not disclosed.
About the Maghreb Europe Gas (MEG) Pipeline: The pipeline transported gas from Algeria to Spain via Morocco until late 2021 when Algeria suspended flows after cutting off diplomatic ties with Morocco. Algeria was set to compensate for lost supplies to Spain via the Medgaz undersea pipeline running directly from Algeria to Spain and via extra shipping capacity.
Nigeria is also looking to construct an LNG pipeline connecting to markets in Europe via a Moroccan transit, S&P Global reported in February. The proposed 5.6k km pipeline came to the head after Nigerian Gas Minister Ekperikpe Ekpo met with Moroccan Energy Transition and Sustainable Development Minister Leila Benali in January, in a bid to fast-track the final investment decision on the potential pipeline.
