Morocco’s fuel bill this year will increase by $2.56 billion (25 billion dirhams) compared to 2021, the top electricity official told parliament on Wednesday, according to official news agency MAP.
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“The 2022 fuel bill will reach 47.7 billion dirhams,” Abdul Rahim Al-Hafizi, the director of the national office for electricity, said in a speech.
That compares with an average of $2.16 billion (21 billion dirhams) during the last four years, he added.
Fuel will make up a large share of the cost of producing electricity, reaching 64 percent in 2022, up from 44 percent in 2021, Al-Hafizi added.
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