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Russian companies ready to participate in gas pipeline construction in Morocco

September 21, 14:07 UTC+3

The Russian energy minister says Gazprom and Novatek are ready to participate in big projects in Morocco

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MOSCOW, September 21. /TASS/. Russian companies are ready to participate in the construction of gas pipeline and LNG terminal in Morocco, Energy Minister Alexander Novak said in an interview aired by the Rossiya-24 TV news channel on Thursday.

"Our companies are interested in participating in those projects. We are ready to supply LNG, construct gas pipeline and terminal," he said.

Russian companies Gazprom and Novatek are ready to participate in big projects in Morocco, such as construction of regasification terminal, gas pipeline, and generating capacities, Novak told TASS.

"Morocco plans to increase gas consumption and expand gas-based power plants. Meanwhile, the plan is to construct a regasification terminal, a gas pipeline, and 2,400 MW of generating capacities," he said.

"In this respect, Russian companies Gazprom and Novatek are ready to participate in this large-scale project. Talks are underway on supplies of liquefied natural gas, particularly from Russian projects Yamal-LNG and Arctic LNG," he added.

"In my view, this is a large-scale ambitious project, part of our cooperation with Morocco," he said, adding that "Russia has relevant competences and technologies."

"It has been agreed that the talks will continue. The government of Morocco will specify the parameters of the gas project in the near future, regarding gas consumption and the commercial component," Novak added.

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