Morocco Seeks Financial Advisor for LNG Import Plan

Posted by Michelle Howard
Thursday, October 22, 2015

Morocco has launched an international tender seeking a financial advisor for its plan to boost liquefied natural gas (LNG) imports, state-owned power utility ONEE said on Thursday.

ONEE said the last date for submitting bids for the tender is Dec. 9. It will open for bids that day at 10 am (0900 GMT).

The plan, worth up to $4.6 billion, includes the import of up to 7 billion cubic meters (bcm) of gas by 2025, along with the construction of a jetty, terminal, pipelines and gas-fired power plants with capacity to produce up to 2,400 megawatts (MW).

(Reporting by Aziz El Yaakoubi)

Categories: Energy Fuels & Lubes Government Update LNG

Related Stories

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

US Allows Ethane to be Shipped to China, But Not Unloaded

Iran, Israel Trade Blame As Commercial Shipping Is Threatened By Conflict

Current News

Joint Statement on Red Sea Attacks From ICS, BIMCO, European Shipowners, INTERCARGO, INTERTANKO

Xeneta Ocean Container Shipping Market Update

Coal Shipments Plummet 6%, China's the Driver

CV International, Capes Shipping Agencies Announce New CFO

Subscribe for Maritime Logistics Professional E‑News