Morocco reports on oil bill

Jun 06, 2001 02:00 AM

Morocco's oil bill increased by 64.8 % in 2000 compared to 1999, the Moroccan BMCE bank said in its latest bulletin. The bill stood at 21.4 bn dirhams, nearly $ 1.798 bn in 2000, the source said, imputing the rise to the hike of oil prices in world markets.
Despite the rise in the oil bill, Morocco's oil products consumption fell by 6.5 % in 2000 over 1999.

Source: Morocco Today