Morocco Seeks Financial Advisor for LNG Import Plan

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)

Logistics News

dteq Appoints Hagen Hennig as President

dteq Appoints Hagen Hennig as President

Container Shipping Consolidation Continues with $4.2B ZIM Acquisition

Container Shipping Consolidation Continues with $4.2B ZIM Acquisition

Singapore Marine Fuel Sales Up 17%

Singapore Marine Fuel Sales Up 17%

Russian Wheat Prices Spike on Shipping Difficulties

Russian Wheat Prices Spike on Shipping Difficulties

Subscribe for Maritime Logistics Professional E‑News

Olympic Games-From the Games to everyday life: Milan's tram driver shortage
AI is a threat to U.S. industries, from software to real estate
Journalist Don Lemon pleads Not Guilty in Minnesota ICE Protest Case