Mohammed Ihattaren

Mauritania: Kosmos discovers gas field, LNG considered

Dallas-based Kosmos Energy’s oil search in Mauritania once again led to the discovery of an offshore gas reservoir in a well located 60km north of the Tortue-1 gas discovery that opened the basin. The latest discovered field, described as “a large gas resource,” is preliminary estimated to have 5 trillion cubic feet of gross resources […]

WB Loans Morocco $200 mln to Spur Small Agri-food Industries

The World Bank and Morocco signed a loan agreement worth $200 million in support of the second pillar of the Green Morocco Plan, particularly in the areas of promoting citrus and olive oil industries. The loan, signed by the World Bank and the Ministry of Economy and Finance, targets small and medium sized producers of […]

Morocco to increase non-phosphate revenue to $1.6 billion by 2030

Morocco aims to increase non-phosphate mining revenue to 1.6 billion from 730 million dollars in 2020, the energy and mining ministry said in its newly unveiled 2025-2030 development plan. The plan also provides for raising investments in prospection and research to 450 million dirhams, the ministry said. The mining sector contributes by up to 10% […]