BTA2023 Morocco’s fuel market remains highly concentrated, with nine companies controlling 81% of the country’s storage capacity for diesel and gasoline, Morocco’s Competition Council said in its latest report.
The concentration continues as no new operators entered the market in the second quarter of 2024, keeping the number of active provisional license holders at 35 since last March, according to the council.
Meanwhile, Morocco’s total fuel storage capacity reached 1.5 million tons as of June 2024, with diesel representing 86% of that capacity. The nine leading fuel distributors accounted for about 1.21 million tons.
The Council noted that “this level is unchanged from earlier this year despite efforts to diversify the market.”
The nine dominant companies have agreed to provide regular reports as part of a compliance deal with the council.
The council pointed out that “this market concentration may hinder fair market competition and limit the growth of new companies looking to enter the market.”
While Morocco’s Ministry of Energy issued a distribution license in October 2023, further expansion remains stalled.
The report is part of the council’s quarterly monitoring of the fuel area, an initiative to ensure transparency and compliance with market regulations.
