Energy
Moroccan Shale Shows Potential, Just In Time
Forbes31.08.2014Read original
While his European neighbours are still debating about the exploitation of shale oil, Morocco moves and produces first this new source of energy.
For Morocco, a domestic production future is vital to creating some level of economic independence. While sharing the North African coast with some of the continent’s largest oil and gas producers, Morocco currently imports about 95 percent of its energy needs, putting it in a precarious situation where energy prices can, and have, skyrocketed overnight.
