Investment in Moroccan Energy Port

Local media has reported that Morocco’s Ministry of Equipment, Transport and Logistics is set to invest $685m in its new LNG port, Jorf Lasfar.

Construction will begin after the completion of technical studies of the port’s harbour works later this year. It is estimated that the port will take five years to complete.

Jorf Lasfar is one of five ports planned as part of the national port strategy for 2030, which sees the ports catalyse Morocco as a major transport hub in the Mediterranean basin.

The new port will serve LNG traffic in the first phase and meet the needs of hydrocarbon traffic and additional LNG traffic in Phase 2.

27th Feb 2017