VOL. XLII

No. 37

13-September-1999

MOROCCO

Morocco To Introduce Natural Gas In Its Energy Market By2002

Since the Maghreb-Europe Gas Pipeline (GME) entered intooperation in October 1996, Morocco has been able to secure a steady income inthe form of transit fees generated by the flow of gas shipped to Spain andPortugal from Algeria. In addition to this direct gain, currently estimated ataround $45mn annually, the emergence of a gas market in the country will spinoff important economic benefits. In...