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Morocco sounds out its gas supply

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Report summary

Morocco has few oil and gas reserves and relies heavily on energy imports. In August 2016, Sound Energy made a significant discovery on its Tendrara licence. So far, 400 bcf of commercial gas reserves have been proved and this is expected to increase with further appraisal. Development of Tendrara is expected to utilise the Gazdoduc Maghreb Europe (GME) pipeline to feed power stations adjacent to the pipeline. If the reserves are increased substantially the development hinges on finding a viable market for the gas and the stability of the currently favourable fiscal regime.

What's included

This report contains

  • Document

    Morocco sounds out its gas supply

    PDF 515.90 KB

Table of contents

  • Sound makes waves in onshore exploration
  • Morocco’s diverse range of energy sources
  • Sound discovery drowns out indigenous gas production
  • Market for Tendrara gas
  • Is Tendrara a one hit wonder? What now for Morocco?

Tables and charts

This report includes 4 images and tables including:

Images

  • Morocco's licensed acreage by operator
  • Tendrara production scenarios
  • NPV10 and IRR of development scenarios
  • Morocco sounds out its gas supply: Image 4

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