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Morocco unveils plan to develop energy sector
Morocco, Economics, 4/18/2003
Morocco has devised a plan to develop its energy sector and prepare it for liberalization.
The objectives of the plan and strategic orientations of Morocco's energy sector were discussed Thursday at the weekly meeting of the Government Council, chaired by Premier Driss Jettou, Communication Minister and Spokesman for the government, Nabil Benabdallah, told the press.
The plan seeks to adapt the energy sector to Morocco's social and economic development, said the minister, adding the strategy revolves around securing energy products supply under any circumstances, revising the tariff system, generalizing electricity, preventing industrial risks and liberalising the sector.
Diversifying imports, consolidating infrastructures and strategic stocks, completing rural electrification by 2007, protecting the environment through clean technology and updating the tax system for electricity, gas, oil and renewable energies are other objectives sought by the strategy.
According to Benabdallah, the consolidation of the inter-connection of Morocco and Spain's power grids will help industrialists draw benefit from liberalization and from prices enforced in South-Western Europe.
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