n Tuesday, November 3, Morocco’s Minister of Energy, Mines and Sustainable Development, Charafat Afailal, presented to the Infrastructure Committee of the House of Representatives a program that will add, between 2026 and 2030, more than 1.7 million cubic meters of petroleum product storage capacity.
According to the ministry’s forecasts, more than 700,000 cubic meters of this new capacity is to come into service by the end of 2027. The minister set out these plans during the review of her department’s 2027 budget.
The Kingdom currently has 2.4 million cubic meters of storage for liquid petroleum products. That figure measures the capacity of the tanks, not the volumes actually held in stock.
Beyond the tanks, the ministry intends to tighten its monitoring of import programs, available stocks and ship unloadings in the ports, in order to keep supplies flowing in the face of recurring tensions on international markets.
Operators in the sector will be monitored project by project, as the ministry plans to check that each announced investment is actually carried out.
Photo: JOSIANE P., CC BY-SA 3.0.
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