the government plans an investment of 2 billion dirhams in 2023



Published by Safaa KSAANI ​​on Monday, November 21,

The Minister Delegate to the Head of Government in charge of Relations with Parliament, Mustapha Baitas, presented the strategy of the Ministry of Energy Transition and Sustainable Development to build up a strategic national stock of petroleum products. An investment of two billion dirhams is planned for 2023. Details.



Strategic stock of petroleum products: the government plans an investment of 2 billion dirhams in 2023

In response to oral questions in the House of Representatives on the strategy for preserving the Kingdom’s energy sovereignty, Mustapha Baitas did not fail to explain the reasons behind the problems that complicate the constitution of a strategic national stock of products tankers.

In this wake, the government official highlighted the plan of the current government regarding investment in petroleum products. The supervising ministry the creation of an additional global capacity of storage of petroleum products, of an investment of approximately 2 billion dirhams by 2023, declared Baitas. And to note that this measure is part of the ambitious policy adopted by Morocco to increase the level of the reserve stock and meet the needs of the national market in energy products.

Recall that the Spokesperson for the Executive replaced the Minister for Energy Transition and Sustainable Development, Leila Benali, who was unable to appear in the first chamber.


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