Home Advertising Contact us
 
 
 
     
 
 
 
 
 
 
 
 
Event : 2010 World Economic Forum to be held in Marrakech     German report : Moroccan economy most dynamic in North Africa      Bilateral relations : Turkey supports Morocco's candidacy for non-permanent seat in UNSC     Tourism : Morocco to achieve 9 million tourists, minister     Cereal production : Harvest at 7.46 million tonnes     Information technology : Morocco determined to protect personal data     Economy : The crisis is far from over     Morocco-EU : New phase in relations     
 
 
  Energy imports
Moroccan oil bill down 57.9%
  03/11/2009
 
 
 
 
Morocco's January-September oil bill reached about MAD 11 billion (some USD 1.4 billion), registering a fall of 57.9%.

This situation is a result of lower energy prices in the international markets, said the country's Foreign Exchange Office.

The average price of an imported ton of crude oil declined 44.6% to reach MAD 3,329 (USD 433 dollars).

Imports of energy products thus fell 35.4% to stand at MAD 38.9 billion (USD5 billion).

In 2008, Morocco's crude oil imports stood at MAD 30.8 billion (USD 3.54 billion), registering a rise of 17.5% relative to 2007.
 
  By CMC
 
   
 
   
 
 
     
     
 
 
     
  Home About us Advertising Copyright Contact us