Gross Domestic Product (GDP)
Morocco is a net hydrocarbon importer. The country produces marginal amounts of crude oil, natural gas, and refined petroleum products, which is mainly consumed domestically. With most of its energy needs met by importing hydrocarbons, the country wants to reduce its dependence on foreign imports by developing renewable energies to meet domestic electricity needs. Morocco’s primary energy supply reached 18.80 Mtoe in 2012, which translates to 787 PJ or 219 TWh. It has grown significantly and rather steadily from 7.6 Mtoe in 1990 and 11 Mtoe in 2000 to its current value. Oil represents nearly 76% of total primary energy supply, while coal accounts for 16% and natural gas 5.7%. Energy consumption in Morocco is increasing rapidly, with oil accounting for 73% of total energy consumption.