VOL. XLII
No. 11
15-March-1999
MOROCCO
Cost Of Moroccan Crude Imports Fell During 1998, But VolumeUnchanged
Morocco痴 crude oil imports amounted to 6mn tons (120,000b/d) during 1998, unchanged from 1997, but the cost of the oil fell to $500mn,down 46% from the $866mn Morocco paid in 1997. The Ministry of Energy and Minessaid the lower cost was the result of falling oil prices and the utilization ofdomestic coal sources for the generation of electricity. Of the 6mn tonsimported, 4.5mn tons went to...
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