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Presencia en el mundo

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5. Morocco

Morocco

Gas Natural Fenosa's activity in Morocco focuses mainly on operating the Moroccan section of the Maghreb-Europe gas pipeline, which links the Algerian gas fields of Hassi R'Mel to the Spanish gas pipeline network, and on undertaking gas exploration activities.

Sagane is the company through which Gas Natural Fenosa has stakes in Metragaz (72.33%) and EMPL (72.6%), the companies responsible for managing the gas pipeline as it passes through Morocco.

In 2011, the gas transport activity conducted in the country through these two companies represented a total volume of 111,855 GWh.

Metragaz, which has a dispatch centre, enabling centralised management of the gas pipeline, is responsible for operating and maintaining 540 kilometres of the 48 inch diameter pipeline on land, two offshore sections each measuring 22 inches in diameter and 27 kilometres in length, two compression stations (Border and Strait), four maintenance centres (Âïn Bénimathar, Taza, Ouezzane and Tangier), and a residency for employees working at the Border compression station, in Âïn Bénimathar.

Exploration project

In addition to transporting gas, Gas Natural Fenosa takes part in exploration activities in Morocco.

In March 2009 the multinational, in consortium with other companies, discovered a gas field in the exploration area of Tangier-Larache, off the country's Atlantic coast. There are two columns of gas, together measuring 90 metres, in the Anchois-1 well, where drilling has been carried out to a depth of 2,359 metres, and which is 40 kilometres off the Atlantic coast of this North African country.

Gas Natural Fenosa has a 24% stake in the consortium that is carrying out the work. Repsol, with 36%, is the project operator, while the rest of the stakes are divided between Dana Petroleum PLC (15%) and ONHYM (25%).