Morocco is planning to scale up its strategic fuel storage reserve capacity by more than 1.5 million cubic metres by 2030 to counter major disruptions in global oil and gas supply amid the Middle East conflict.
The announcement has been made by Minister of Energy Transition Leila Benali at the Parliament. She said $600 million will be invested into the expansion of the country’s storage infrastructure.
Investments in fuel storage have increased by more than 30 percent over the past three years, with total storage capacity reaching 3.2 million m3 in 2025, she told MPs.
Projects are also underway to add around 400,000 m3 of storage capacity for butane and 100,000 m3 for jet fuel by 2030, said the official, noting that 80 percent of existing storage capacity is concentrated in the Casablanca-Settat and Tangier-Tetouan-Al Hoceima regions.
Future investments will be directed towards other regions, notably around the Nador West Med port, which authorities are developing into a strategic hub for hydrocarbons and natural gas storage, the official said.
