Join the U.S. Commercial Service for a webinar featuring the Morocco Ministry of Energy, Mines and Sustainable Development, which will highlight renewable energy and oil and gas projects and opportunities for U.S. companies in the market.
-
Date and Time: Tuesday, August 27 | 10:00 am ET / 9:00 am CT
-
Where: Webinar - Computer & Phone
-
Cost: $25
AGENDA:
-
Welcome and U.S. Commercial Service Overview
Nathalie Scharf, Senior Commercial Officer U.S. Commercial Service—Casablanca
-
Energy Projects and Opportunities in Morocco Mr. Mohamed Bernannou, Advisor to the Minister at the Morocco Ministry of Energy, Mining, and Sustainable Development
-
Discover Global Markets: Powering and Building the Middle East and Africa
Danielle Caltabiano Global Energy Team Leader U.S. Commercial Service
- Questions & Answers
- Program Adjourns
Once registered, you will receive webinar access details within 2 business days.
Why Morocco's Energy Industry?
Morocco imports approximately 90% of its energy needs, according to the Moroccan Ministry of Energy. The total primary energy consumption has increased by about 5 % per year since 2004. Per the state-owned power utility ONEE, Morocco's electricity production derives from coal (31%), hydroelectricity (22%), fuel oil (25%), natural gas (10%), wind (10%) and solar (2 %).
The national strategic objective is to improve security of supply by reducing dependence on energy imports, including increasing use of renewable sources for electricity production. By 2020, renewable energy is planned to account for 42% of installed electrical generation capacity, or 6,000 megawatts (MW). By 2030, renewable energy sources are planned to provide 52% of the total installed capacity.
Towards the end of 2019, Morocco is expected to tender out a USD4.5 billion gas-to-power project allowing Morocco to import seven billion cubic meters of LNG by 2025. Works will include four new combined-cycle gas turbine power plants, each with a capacity of 600 MW, an LNG import terminal and onshore regasification unit at the Port of Jorf Lasfar on the Atlantic coast, as well as pipelines connecting the terminal to the Maghreb-Europe pipeline in the north of the country. Learn more about Morocco's energy sectors here.
Questions: Contact Danielle Caltabiano at Danielle.Caltabiano@trade.gov or (281) 228-5655.
|