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The European Bank for Reconstruction and Development supports Morocco's Energy sector with a €10 million loan

18 July 2018
The EBRD is supporting SDX Energy Morocco with a loan of up to €10 million to finance the enhancement of upstream gas production and related gas transport infrastructure to Kenitra industrial zone customers, facilitating the switch away from polluting fuel oil. As a result, a reduction of 20,000 tonnes in CO2 emissions per year is anticipated. SDX Energy is an international company active in the exploration and production of oil and gas,…