Morocco is heavily dependent on LPG imports
Sound demand for Moroccan gas
AIM-listed E&P firm Sound Energy is bullish about the fuel’s future, both domestically and potentially for export
The Moroccan upstream is attracting elevated attention after years in the doldrums, particularly on the back of upgrades to the offshore resource at the Anchois gas discovery operated by AIM-listed Chariot Oil & Gas. Israel’s Newmed is the latest E&P firm to get involved in the sector, signing up to a 35pc stake in the Boujdour Atlantique offshore exploration licence in early December. But there is also interest in Morocco’s onshore, where AIM-listed E&P firm Sound Energy is active. Petroleum Economist spoke to the firm’s executive chairman, Graham Lyon, to find out more. How much of a gamechanger are the Tendrara discoveries, both for Sound and for the Moroccan upstream generall
Also in this section
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
