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Morocco's oil bill reached $ 790 million in 1999
Morocco, Economics, 1/28/2000
Oil purchases cost Morocco between January and November 1999 a total of $790 million (7.9 billion DH), against $510 million the year before, says the exchange office.
Oil imports increased in volume by 19.9% (from 5.5 million tons to 6.6 million) and by 54.9% in value.
Energy products accounted for 12% of total imports compared to 9% up in 1998. Oil, the main imported energy product, contributed 41.6% to the rise in Morocco's global imports which reached $9.6 billion against $8.92 billion the year before.
Previous Stories:
13,000 Moroccan villages get electricity within five years
(12/29/1999)
Moroccan carrier, among rare companies to maintain same prices
(12/29/1999)
Morocco's House of Representatives passes oil drilling law
(12/4/1999)
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