USTDA Supports LNG Infrastructure in Morocco, Creates Market Opportunities for U.S. Companies
September 26, 2018
(USTDA)
Arlington, VA – The U.S. Trade and Development Agency awarded a grant to
Morocco’s Ministry of Energy, Mines and Sustainable Development, supporting a
feasibility study to evaluate infrastructure related to LNG import and the
utilization of natural gas in Morocco.
The U.S. firm, Lixia Capsia Gestionis LLC, will carry out the study which
involves assessing the potential for the development of infrastructure and
natural gas markets related to the import and handing of LNG.
“This project will help meet growing demand for natural gas in Morocco, while
creating new business opportunities for U.S. companies,” said USTDA’s
Director for Congressional and Public Affairs, Thomas R. Hardy.
Morocco’s Ministry of Energy, Mining and Sustainable Development added, “As
a part of the Moroccan energy mix, gas is playing a relevant role for the energy
diversification and security. This study will give the Moroccan authorities
factual insight on LNG’s future role in the implementation of the Kingdom's
energy strategy.”
Matthew Meredith, Lixia Capsia Gestionis Managing Principal said, “We are
looking forward to working closely with the Government of the Kingdom of Morocco
represented by the Ministère de l'Energie, des Mines et du Développement
Durable to advance the energy goals and support the implementation of the
Kingdom’s national energy strategy.”
“The U.S. Government is proud to support Morocco’s energy diversification
and assist Morocco in providing reliable and efficient energy to its
citizens,” said Chargé d’Affaires Stephanie A. Miley. “We look forward to
seeing the results of the feasibility study, the eventual launch of the LNG
terminal, and to continuing the excellent cooperation between our two countries,
in the energy sector and as in so many other areas.”
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