Morocco, Shell sign 12-year natural gas deal: ministry ...Kuwait

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Morocco, Shell sign 12-year natural gas deal: ministry
Energy giant Shell will supply Morocco with six billion cubic meters of liquefied natural gas (LNG) over 12 years under a new agreement, Morocco's energy ministry has said. Representatives of Morocco's national electricity authority, ONEE, and the British firm signed a contract on Friday in Rabat, the ministry said in a statement. The agreement includes the annual delivery of 500 million cubic meters of LNG to Morocco. The value of the 12-year deal has not been disclosed. In the initial years, the gas will be delivered through Spanish ports and the Maghreb-Europe Gas Pipeline (GME). It will eventually be delivered through planned Moroccan LNG terminals. Morocco has s

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