Morocco Calls for Firm Investment Decisions in Green Chemistry Sector
At the International Conference on E-Methanol and E-Ammonia, Morocco emphasizes the need for concrete investment commitments. The country aims to leverage its natural resources and strategic location to become a leader in the green energy sector.
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Morocco’s Minister of Industry and Trade, Ryad Mezzour, highlighted the nation’s transition from planning to execution in the green chemistry sector. The country is home to over 1,500 green hydrogen projects, yet only 6% have reached final investment decision (FID).
Morocco seeks to capitalize on immediate maritime demand, with 60 methanol vessels currently operational and 200 on order. The country’s ambition is founded on four pillars: exceptional renewable resources, a strategic geographical position, advanced infrastructure (notably Port Dakhla Atlantique), and proven expertise in ecosystem development. With European regulations mandating non-biological fuels by 2025, Morocco positions itself as a reliable partner, urging investors to move past feasibility studies to binding contracts and commitments.
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