Annual Report 2008 - Office National des Hydrocarbures et des Mines

Hydrocarbon marketing
Despite the cuts recorded in the marketed
volumes, the turnover knew only a slight fall of
Fields / Deliveries
Natural gas (Volumes in
standard cubic meters)
Volumes
Activity Report 2008
2 %, due to the increase in oil prices, especially
during the first 9 months of 2008.
The table below shows these changes :
Years
2008 2007
Value
DH pre-tax
Volumes
Value
DH pre-tax
38 340 765 70 249 706 46 603 876 78 842 300
- Essaouira / OCP 31 849 295 56 788 458 38 430 597 64 226 100
- Gharb / CMCP 6 491 470 13 461 248 8 173 279 14 616 200
Variation in % 2008/2007 -17.73 -10.90
Condensate / Samir
(Volumes in tons)
Variation in % 2008/2007 -19.66 20.21
7 135 37 338 957 8 881 31 060 600
Total pre-tax revenues (in DH) 107 588 663 109 902 900
Variation in % 2008/2007 -2.11
Exploitations
ONHYM kept on providing exploitation services
for its own account and for the account of its
partners, especially Samir, Cabre and Circle
Oil on the fields of OLB-1, SAR-1, AHF-1 and
ONZ-4.
Maghreb Europe Gas Pipeline
(MEG)
ONHYM has been designated as manager
of the transit royalty of Algerian gas via the
Moroccan territory (in replacement of SNPP).
Representatives from ONHYM have taken part
in the preparation of the following agreements :
• State/ONE/ONHYM agreement for the use
and exploitation of a gas pipeline passage
connected to MEG with a view to supplying
Renault project with natural gas ;
• State/ONE agreement setting the terms and
conditions for supplying Renault-Tanger plant
with natural gas coming from the transit royalty
and for taking in charge by the Moroccan
State of upstream supply risks.
ONHYM has, on the other hand, taken part
in the Board of Directors works of Metragaz
Company.
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