Morocco Plans $1Bn in Oil, Natural Gas Exploration Through 2031

Morocco expects to invest MAD 9.21 Bn ($1 Bn) in oil and natural gas exploration over the next five years through 2031 to assess its hydrocarbon potential and identify commercially viable reserves, potentially reducing reliance on energy imports, Bloomberg’s Asharq Business website reported on October 26, citing a report by the Moroccan Ministry of Economy […] The post Morocco Plans $1Bn in Oil, Natural Gas Exploration Through 2031 first appeared on Egypt Oil & Gas.