The Moroccan Royal Navy is in talks with Turkish shipbuilder Ares Shipyard to buy 15 vessels including 10 ARES 35 FPBs and 5 ARES 80 SATs to bolster the kingdom’s coast guard’s fight against illegal migration. The talks, according to Tactical Report, are ongoing but the media did not reveal the value of the deal […]
Gas production in the Mauritanian Banda field may start in late 2014 or early 2015, it was announced in Nouakchott earlier this week. The construction of a gas pipeline for the Banda gas field, whose reserves are estimated at 500 billion cubic feet, may be entrusted to U.K.-based explorer Tullow Oil Plc (TLW). Construction works […]
Morocco’s government is spending at least 1.6 billion dirhams ($160 million) a month on measures to cushion households and businesses from higher energy and transport costs, Budget Minister Fouzi Lekjaa said. The support package focuses on subsidies for butane gas, electricity price freezes and financial aid for professional transport operators, Lekjaa told reporters. State support […]
