Rus­sian PM talks up Morocco gas projects

Kuwait Times - - BUSINESS -

RABAT: Rus­sia and Morocco hope to co­op­er­ate more closely in the en­ergy sec­tor, Rus­sian Prime Min­is­ter Dmitry Medvedev said yes­ter­day dur­ing a visit to Rabat.

He spoke of a “very promis­ing project to sup­ply liq­ue­fied nat­u­ral gas to meet the needs of the Moroc­can econ­omy”. “The po­ten­tial for co­op­er­a­tion is huge,” he said dur­ing a brief press con­fer­ence. Dur­ing his visit the two coun­tries signed deals in the en­ergy, agri­cul­ture and hitech sec­tors. “We are dis­cussing fur­ther co­op­er­a­tion in the field of nu­clear en­ergy or re­new­able en­er­gies,” Medvedev said after talks with his Moroc­can coun­ter­part Saad Ed­dine El Oth­mani. Medvedev said the two had also dis­cussed trans­fers of mil­i­tary and se­cu­rity tech­nol­ogy.

Rus­sia’s en­ergy min­is­ter, Alexan­der No­vak, vis­ited Morocco in late Septem­ber and said an LNG re-gasi­fi­ca­tion ter­mi­nal was be­ing built while the two coun­tries held talks on gas de­liv­er­ies by the Rus­sian groups Gazprom and No­vatek, lo­cal me­dia re­ported. Morocco has few oil and gas re­serves of its own and is plan­ning to open an LNG ter­mi­nal at Jorf Las­far on the North African coun­try’s At­lantic coast in 2019, ac­cord­ing to the en­ergy min­istry.

Medvedev was set to dine yes­ter­day with Morocco’s King Mo­hamed VI, who vis­ited Rus­sia in March 2016 in a bid to forge deeper ties with Moscow. Medvedev also vis­ited Al­ge­ria this week, where he was re­ceived by ail­ing Pres­i­dent Ab­de­laziz Boute­flika. —AFP

RABAT: Rus­sian Prime Min­is­ter Dmitry Medvedev (cen­ter) ap­plauds Moroc­can coun­ter­part Saad-Ed­dine El Oth­mani, dur­ing a meet­ing of the Moroc­can and Rus­sian of­fi­cials in Rabat, Morocco yes­ter­day.—AFP

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