For Free Headlines Submit Your Email
Tuesday, June 18, 2019 9:3 GMT
Morocco’s revenues from the Algerian gas pipeline crossing the country’s soil to Spain dropped from MAD 790 million (US$81.6 million) in May 2018 to MAD 532 million (US$54.9 million) by the end of May 2019. The figures account for 35.3% of the total forecasted revenues from the pipeline, which is expected to reach MAD 1.5 billion (US$155 million), according to the Kingdom’s Treasury. Morocco’s total revenue from the pipeline was MAD 1.53 billion (US$158.1 million) in 2018, compared to MAD...More