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Estonia's Eesti Energia might sell oil shale technology to Morocco

BC, Tallinn, 19.01.2017.Print version
Morocco might be interested in the knowhow of oil shale studies and services of the Estonian state-owned energy company Eesti Energia, and it is possible that the company would also sell the Enefit technology to the country to process oil shale, reports LETA/BNS.

"Morocco is one of the richest countries in oil shale in the world, but they haven't yet made use of their own supplies and the state imports most of the energy it needs," CEO of Eesti Energia Hando Sutter told on Thursday.

Sutter recently met with the Moroccan ambassador. "At the meeting we introduced Estonia's unique and long-term oil shale knowhow," Sutter said.

He said that since Morocco is actively looking for ways to develop its energy sector, Estonia might therefore get the change to sell oil shale knowhow.

"We can offer different studies and services, from geological studies to the project development service and the unique Enefit technology for processing oil shale," Sutter said.

In 2010 Eesti Energia and Morocco entered into and agreement for studying Morocco's oil shale, according to which the energy company got the right to study some oil shale supplies of the North African country in three years.

The oil in Morocco's oil shale is estimated to total around 50 bln barrels.

Sutter has previously said that Eesti Energia has shared its oil shale knowledge with more than 10 countries around the world and plans to continue to do so also in the future.

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