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Morocco to launch tender for floating LNG terminal

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Morocco's Ministry of Energy Transition and Sustainable Development is planning to launch a tender this summer for a floating liquefied natural gas (LNG) terminal in the western Mediterranean port of Nador, according to an official announcement reported on Friday by Reuters.

Abdelghafour El Hadjoui, head of oil and gas at the ministry, revealed in a presentation that financial closing for the project is expected within the next year. Construction, operation, and commercial activities are anticipated to begin in 2026.

The LNG terminal will connect to an existing pipeline currently used to import 0.5 billion cubic meters of LNG annually from Spanish terminals, sufficient to power two small power plants. Morocco also aims to connect this pipeline to developing gas fields in both eastern and western regions of the country.

Ministry estimates project Morocco's natural gas needs to rise significantly, reaching eight billion cubic meters by 2027, compared to the current one billion cubic meters.

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