3.8 Billion Dirhams in Fuel Oil Deals as Nador Gas Project Stalls

3.8 Billion Dirhams in Fuel Oil Deals as Nador Gas Project Stalls
An investigative report reveals that contracts to supply power plants with fuel oil exceeded 3.8 billion dirhams in total, awarded to two private companies.
The deals were signed while the liquefied natural gas terminal project at Nador West-Med port remains stalled.
The contracts comprise one worth 2.443 billion dirhams and three worth about 1.331 billion, plus a smaller deal.
The investigation links the continued awards to the suspension of tenders for the LNG plant and its pipeline, a project valued at one billion dollars.
It raises questions of conflict of interest without offering judicial proof of direct interference, resting instead on the convergence of three elements: a strategic alternative project, its blockage at a decisive stage, and the continued award of billion-dirham contracts to groups tied to influential figures.

source: lakome2.com

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