oil infrastructure

Morocco’s active solidarity with LDCs is a cornerstone of King Mohammed VI’s African policy

Morocco’s active solidarity in favor of the least developed countries (LDCs) is a central aspect of the African policy spearheaded by King Mohammed VI, said Foreign Minister Nasser Bourita. The King’s commitment has been materialized again in the context of the coronavirus health crisis, noted Bourita who was speaking during the High-level debate of the […]

Oil and Gas Price Surge Puts Morocco’s Hedging Question Back on the Table

Rising global oil and butane gas prices, amplified by ongoing Middle East tensions, are once again forcing Morocco to confront a question it has long sidestepped: should the government and private operators use financial hedging instruments to shield consumers and public finances from commodity price volatility? Hedging — essentially a financial insurance mechanism — allows […]

Morocco briefs Security Council on latest developments in Guerguarat

Morocco’s Permanent Representative to the UN has briefed the Security Council on the latest developments in the Southern Moroccan border post of Guerguarat and the action carried out by the Moroccan army against the polisario mercenaries’ obstruction of traffic flow with Mauritania. The Moroccan action has ended the obstructions of the polisario militiamen and restored […]