WASHINGTON (Pakistan Point News / Sputnik - 27th September, 2018) Morocco's Ministry of Energy, Mines and Sustainable Development has received a US grant for a feasibility study of a liquefied natural gas (LNG) import terminal and regasification facility that would link to a Maghreb-Europe Gas Pipeline (MEG), the US Trade and Development Agency said in a press release.
"The US firm Lixia Capsia Gestionis LLC, will carry out the study, which involves assessing potential sites for the development of: an LNG import terminal; a regasification facility to supply up to 5.3 BCM [billion cubic meters] of natural gas per year; and a pipeline connecting the LNG import terminal to the MEG," the release said on Wednesday.
The United States is expected to become the world's third largest LNG exporter by 2020, behind Qatar and Australia, according to published reports.
The US Trade and Development Agency promotes US exports by financing development projects in emerging markets, such as Morocco.
