Morocco's oil imports up 63%
Morocco's oil bill up 4% in 2006
The Moroccan Exchange Office noted on Tuesday that this increase was due mainly to the soaring oil prices on the international market.
It added that the volume of oil imports dropped by 13.6 percent to reach 5.7 million tonnes, pointing out that the average import price was estimated at E368.7 ($485.84) a ton, reflecting a 20.3 percent hike.
Morocco, deprived of energy resources, imports nearly all its oil products mainly from the Gulf countries.- Panapress
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