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ANFAXIS / ENERGY INTELLIGENCE · EI-01

Morocco's Petroleum Supply Chain: From Import to Industrial Site

For an industrial buyer in Morocco, the right question is not simply "what is the product price?" but "what is the delivered cost, with what continuity, quality and risk profile?" Morocco consumed 12.867 million tonnes of…

ANFAXISPublished 23 September 2026Edition EN

Executive takeaway

For an industrial buyer in Morocco, the right question is not simply "what is the product price?" but "what is the delivered cost, with what continuity, quality and risk profile?" Morocco consumed 12.867 million tonnes of petroleum products in 2025, including 6.694 million tonnes of diesel. Supply performance therefore depends on the whole chain: origin, freight, port, terminal, storage, inventory financing, inland logistics, product integrity, losses and disruption resilience.

Evidence box: six facts decision-makers should know

FactData pointSource / period
Market scale12.867 Mt of petroleum-products consumption in 2025.Ministry of Energy Transition, 2026 key indicators.
Diesel weight6.694 Mt in 2025, roughly 52% of the six major published product categories.Ministry, 2025 consumption; ANFAXIS calculation on official data.
Operator structureThe Ministry's 2026 indicators list 38 companies with liquid petroleum-product import approval and 39 petroleum-product distributors.Ministry, 2026 key indicators.
Diesel/gasoline storage1.57 Mt of national capacity at end-September 2025; the nine companies monitored held 1.27 Mt, close to 81%.Competition Council, Q3 2025 reporting.
PortsIn Jan-Oct 2025, Jorf Lasfar and Mohammedia together accounted for more than 85% of total hydrocarbon traffic in the ANP port dashboard used here.National Ports Agency, dashboard to end-October 2025.
Energy import billMorocco imported MAD 107.567bn of energy and lubricants in 2025. Gas-oil and fuel-oil imports fell 9.7% in value while imported quantities rose 5.6%, reflecting a 14.5% price decline.Office des Changes, full-year 2025.

Methodological caution. Imported volumes and consumed volumes should not be divided mechanically to produce an "import dependency rate". Inventory movements, calendar timing, cabotage and other flows can create differences between the two series.

How large is Morocco's petroleum-products market today?

Morocco remains a large energy market with substantial demand for liquid fuels and LPG. Official 2025 figures show 12.867 million tonnes of consumption: 6.694 Mt of diesel, 2.757 Mt of butane, 1.183 Mt of fuel oil, 1.022 Mt of jet fuel, 0.878 Mt of gasoline and 0.333 Mt of propane. Diesel is therefore the largest published category and a useful reference point for understanding the country's supply, storage and distribution requirements.

The same Ministry source reports 2025 imported volumes of 6.857 Mt of diesel, 2.629 Mt of butane, 1.395 Mt of jet fuel, 1.233 Mt of fuel oil, 0.892 Mt of gasoline and 0.345 Mt of propane. Those orders of magnitude underline why physical supply security, port availability and the ability to receive and store product are central to downstream economics.

2025 also illustrates a critical procurement point: import value does not move in lockstep with volume. The Office des Changes reports that imported quantities of gas-oils and fuel-oils increased by 5.6% in 2025, while their import value declined by 9.7%, largely because prices fell by 14.5%. Buyers therefore need to separate at least three variables when assessing a contract: commodity price, actual consumption volume and the cost of moving the product through the chain to the point of use.

How does the chain work from import to the industrial user?

The chain can be understood as eight operational decisions. Each can protect or erode delivered cost.

1. Define the requirement and specification

The starting point is the site requirement, not the supplier: product, specification, average and peak consumption, delivery frequency, available on-site storage, unloading constraints, seasonality and safety-stock target. Errors at this stage later appear as excess inventory, emergency transport, shortage risk or product-quality exposure.

2. Source and structure the purchase

International sourcing establishes the potential origin, pricing formula, loading window, freight, Incoterms, documentation and allocation of responsibilities. The commodity price is visible; schedule risk is less visible. A nominally cheaper offer can become more expensive if it extends transit, increases inventory financing or creates exposure to emergency replacement purchases.

3. Manage regulatory and documentary access

The Ministry publishes separate procedures covering, among other matters, approvals for importing liquid petroleum products, the creation or expansion of storage depots and the commissioning of petroleum installations. For a buyer, the practical implication is straightforward: distinguish a commercial supplier or coordinator's role from the actual possession of the approvals required for a regulated activity.

4. Receive the product at the port

Hydrocarbon flows are concentrated through a limited number of port nodes. The National Ports Agency dashboard to end-October 2025 shows 10.23 Mt of hydrocarbon imports across the published perimeter. Jorf Lasfar accounted for 4.65 Mt and Mohammedia for 4.10 Mt over the period; Agadir, Nador, Laayoune, Dakhla and Tan Tan completed the network. These are port hydrocarbon traffic figures, not volumes attributable to any specific industrial customer segment.

5. Discharge, verify and move into terminal

The port-to-terminal interface combines berth availability, sequencing, receiving capacity, transfer, gauging, inspection and quantity/quality documentation. Vessel or berth delay can generate direct demurrage costs, but the more material consequence may be downstream disruption if inventory cover is thin.

6. Store and finance inventory

Storage performs three jobs: it bridges the gap between cargo size and consumption, creates resilience against disruption and allows inland deliveries to be optimised. It also has a direct operating cost and a financing cost. The Competition Council reported 1.57 Mt of diesel/gasoline storage capacity at end-September 2025, with 81% held by the nine monitored companies. For a buyer, access to usable capacity in the right location can therefore be as strategic as the headline commodity price.

7. Organise inland logistics

Once product is available, delivered cost depends on distance, loading configuration, carrier availability, truck turns, waiting time, lot size, site access and the ability to avoid empty kilometres. For mines, construction sites or remote industrial facilities, reliability on this last segment can matter more than a small commodity-price differential.

8. Receive at site and close the data loop

The chain is not complete when the truck reaches the gate. The buyer should reconcile ordered quantity, loaded quantity, received quantity, product quality, arrival time, proof of delivery, remaining stock and actual consumption. That data loop is what exposes recurring losses, measurement discrepancies, over-delivery, consumption spikes and shortage risk.

Where do cost, risk and constraints concentrate?

Delivered Energy Economics evaluates the entire chain rather than isolating the commodity price. Two bids with the same base price can produce materially different total costs.

LeverBuyer impactControl questions
ProductBase price, specification and indexation formula.Which benchmark? Differential? Pricing window? Specification tolerance?
FreightMarine cost and exposure to vessel availability.Who carries freight? Parcel size? Laycan flexibility?
PortPort charges, waiting, congestion and demurrage risk.Berth/receiving capability? Demurrage rules?
TerminalHandling, throughput, availability and sequencing.Reserved or spot access? Loading windows?
StorageResilience and flexibility versus fixed/variable cost.Days of cover? Usable capacity? Access conditions?
Working capitalCash tied up in inventory and payment timing.Who finances stock? When do title and risk transfer?
Inland logisticsTransport, waiting, fleet productivity and last-mile reliability.Cost per tonne-km? Minimum lot? Turnaround? Backup route?
Quality / lossContamination, density, measurement errors and physical loss.Inspection? Sampling? Traceability chain? Reconciliation?
Disruption riskProduction stoppage, emergency hire and distressed spot buying.Safety stock? Backup supplier? Alternative route? Escalation protocol?

Why is storage strategically important?

Storage is not simply a real-estate or technical cost. It is an operational option. The better a buyer's inventory cover and access to usable stocks, the more effectively it can absorb a marine delay, a truck shortage, a consumption spike or a scheduling disruption. But oversizing inventory ties up capital and can increase HSE and quality exposure.

The right metric is therefore not "maximum days of stock" but "economically justified days of cover given the cost of disruption". For an industrial site, that calculation should include the cost of an hour or day of downtime, disruption probability, replenishment lead time and the credibility of backup supply.

How does inland logistics change delivered cost?

Road transport is often treated as a cost line after the product has been negotiated. It should instead be designed into the RFQ. A competitive price per tonne can be offset by mismatched minimum loads, long site waiting times, distance, weak truck-turn productivity or frequent emergency deliveries.

For mining, construction and infrastructure operations, the central question is whether energy is available when operations need it. A shortage can idle mobile equipment, crushers, temporary power systems or a worksite. The relevant performance metric then becomes total cost-to-serve: commodity + storage + inland transport + service-risk cost.

How do quality, traceability and losses affect economics?

A compliant product at origin can be degraded through contamination, mixing, water ingress, compartment error, transfer or storage conditions. Quality therefore needs an evidence chain: specification documents, inspection where required, sampling, batch identification, seals, loaded and received quantities and a non-conformance process.

Quantity reconciliation matters just as much. On large volumes, small repeated discrepancies become financially material. Buyers should define units of measure, custody-transfer points, tolerances, gauging methods and dispute procedures before the first movement of product.

What supply-disruption risks should an industrial buyer anticipate?

A robust plan should consider at least five disruption families: origin or vessel delay; port or terminal unavailability; insufficient storage capacity; inland carrier unavailability; and quality non-conformance. Physical risks are compounded by financing, credit limits, documentary delays and changes in site consumption.

Resilience does not mean adding suppliers without logic. It means identifying the single point of failure that would stop operations and building a credible alternative: second origin, alternative logistics window, safety stock, second carrier, technically approved substitute product where applicable, or a pre-defined escalation protocol.

How should an RFQ or continuity plan be strengthened?

A mature RFQ asks for more than a price. It forces like-for-like comparison and makes the assumptions that change delivered cost explicit.

Industrial buyer checklist

What product, specification and tolerances are required?

What monthly, weekly and peak consumption profile must be covered?

What is the exact delivery point and what site access/unloading constraints apply?

Who carries commodity, freight, port, storage and inland-logistics risk at each stage?

What storage capacity is actually available, where, and on what access terms?

What safety-stock level is justified by the cost of disruption?

What quality, quantity and traceability controls will apply?

What are the nomination, delivery, rescheduling, waiting and cancellation rules?

What contingency exists for vessel, terminal or carrier disruption?

How will final price be decomposed across commodity, logistics, storage, financing and services?

Which KPIs will be shared: OTIF, lead time, quantity variance, quality incidents, days of cover, delivered cost?

Which regulatory approvals sit with each party and how will validity be verified?

Lowest spot price or lowest defensible delivered cost?

The lowest spot price is market information. The lowest defensible delivered cost is a management decision. It includes visible costs and risks that only become expensive when they materialise. For an energy-intensive operation, paying slightly more for a more predictable chain can be rational if the alternative exposes the site to production shutdown or distressed emergency purchases.

Comparisons should therefore be run under a normal scenario, a stressed scenario and a disruption scenario. That is where Delivered Energy Economics becomes a decision tool: it moves the RFQ from a commodity-price exercise to one of total economics, continuity and risk discipline.

Frequently asked questions

What are the main petroleum products consumed in Morocco?

In 2025, diesel was by far the largest product category published by the Ministry, at 6.694 million tonnes. It was followed by butane (2.757 Mt), fuel oil (1.183 Mt), jet fuel (1.022 Mt), gasoline (0.878 Mt) and propane (0.333 Mt). The relevant mix varies by sector: heavy industry may be more exposed to diesel or fuel oil, while aviation is naturally centred on jet fuel.

Which ports are important for hydrocarbon flows?

In the ANP dashboard to end-October 2025, Jorf Lasfar and Mohammedia were the two largest nodes, with approximately 4.65 Mt and 4.10 Mt of hydrocarbon imports respectively over the first ten months. Agadir, Nador, Laayoune, Dakhla and Tan Tan also appear. ANP data describe port activity and should not be interpreted as commercial market shares.

Why does storage matter so much for supply security?

Because it decouples arrival timing from consumption timing. Properly sized inventory can absorb a delay, demand spike or logistics disruption. But it also ties up cash and incurs operating cost. The economic decision is therefore to size cover against real replacement lead time, disruption cost and consumption variability.

Does a cheaper CIF offer guarantee a lower final cost?

No. CIF does not necessarily capture terminal handling, storage, financing, inland distribution, losses, unloading constraints or disruption exposure. Two offers can have a small gap at import and a much larger gap at the point of use. Bids should therefore be compared on the same delivered-cost perimeter.

Which regulatory approvals should be checked?

The Ministry publishes procedures covering matters such as liquid petroleum-product import approvals, creation or expansion of storage depots and commissioning of petroleum installations. The applicable requirement depends on the exact role of each party and the facility involved. A market article does not replace transaction-specific regulatory or legal validation.

Which KPIs should be monitored after award?

KPIs should combine service and economics: OTIF, days of cover, forecast reliability, waiting time, emergency-delivery rate, quantity variance, quality non-conformances, HSE incidents, unit logistics cost and delivered cost. A standalone price KPI can conceal deteriorating service or a higher working-capital requirement.

How can buyers reduce shortage risk without overstocking?

Combine forecasting, reorder points, shipment visibility, backup transport and calculated safety stock. Inventory cover should be tied to real replacement lead time and the cost of downtime, not a generic days-of-stock rule. Scenario modelling is useful for testing how much cover is actually required.

Sources and methodology

Market data were cross-checked against institutional sources available as of 23 September 2026. 2025 data are used where full-year 2026 series are not yet available. Port figures refer only to the perimeter and period explicitly stated by ANP.

Morocco Ministry of Energy Transition and Sustainable Development, Combustibles - 2026 key indicators.

Morocco Competition Council, Q3 2025 reporting - diesel and gasoline.

National Ports Agency, Port activity dashboard to end-October 2025.

Office des Changes, External trade indicators - full-year 2025.

Ministry of Energy Transition and Sustainable Development, Procedures and authorisations - fuels.

National Ports Agency, Q4 2025 indicators.

From insight to action

Preparing an RFQ, storage strategy or continuity plan? ANFAXIS can help structure the requirement and map delivered-cost levers across supply, storage, logistics and assurance. Regulated activities remain subject to applicable approvals and qualified delivery partners where required.

Source documents online

Figures and rules refer to the periods specified in the analysis. Verify applicable texts and terms before a contractual decision.

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