DR ‹ › Morocco has secured enough diesel and petrol to cover 51 and 55 days respectively, while coal and gas supplies are guaranteed until the end of June, the energy ministry said on Thursday. As global prices surge amid tensions in the Middle East, Morocco, fully reliant on fuel imports, has seen diesel and petrol prices rise by around 30% since late February, following a spike in crude prices in March triggered by U.S. and Israeli strikes on Iran. «Morocco's policy of diversifying supply sources, notably from Europe and the United States, has helped to mitigate the impact», the ministry told Reuters. Coal, which accounts for about 60% of electricity production, has also seen price increases, though supplies are secured until June, with new tenders planned for the third quarter, the ministry added. Gas supplies are likewise secured until the end of June, with consumption down 11% in the first quarter due to higher hydroelectric output following recent rainfall, the ministry said. It is worth noting that the Moroccan government has reintroduced support measures for professional transport operators, including taxis, buses, and trucks, to mitigate the impact of the ongoing Middle East crisis. Earlier this week, the Head of Government Aziz Akhannouch assured that «there will be no increase in the prices of butane gas and electricity», despite a 68% surge in international gas prices since late February.
