Morocco expects its demand on natural gas to spike to 3 billion cubic meters by 2040, the energy ministry said in a document that spells out the broadline for a strategy to secure gas supply. The document outlines Morocco’s ambition to raise the share of natural gas in powering the industrial sector as Morocco presses […]
JSW Steel Italy Piombino (Italy), Saarstahl Rails SAS (Germany), Jindal Steel (India), and China Railway Material Group are competing for a contract to supply tracks for the Kenitra–Marrakech high-speed rail line and conventional line upgrades, according to local press reports. Last year, Morocco’s King Mohammed VI launched a $10 billion rail expansion plan, including the […]
Morocco’s state-owned phosphates giant (OCP) said its revenues grew 14% in 2017 to reach 48.5 billion dirhams compared to 42.48 billion in 2016. OCP’s phosphates rock sales increased 40% while the group’s revenues from selling fertilizers jumped 24% compared to 2016. This performance helped the OCP offset a fall in international prices, the company said […]
