Morocco Oil Reserves, Production and Consumption Statistics (2024)

Summary Table

Barrels Global Rank

Oil Reserves

684,000 97th in the world

Barrels per Day Global Rank

Oil Production

160 123rd in the world

Oil Consumption

275,000 45th in the world

Daily Deficit

-274,840

Oil Imports

67,713

Oil Exports

0

Net Imports

67,713

(Data shown is for 2016, the latest year with complete data in all categoreies)

Oil Reserves in Morocco

See also: List of countries by Oil Reserves

Morocco holds 684,000 barrels of proven oil reserves as of 2016, ranking 97th in the world and accounting for about0.000% of the world's total oil reserves of 1,650,585,140,000 barrels.

Total Oil Reserves in Morocco are less than even a single year of oil consumption (100,375,000 barrels as of 2016), making Morocco highly dependent on oil imports in order to substain its consumption levels.

Oil Reserves

684,000 barrels

Global Rank: 97th | Share of World: 0.000 %

0 years of oil left
(at current consumption levels)

History of Oil Reserves in Morocco

Oil Consumption in Morocco

See also: List of countries by Oil Consumption

  • Morocco consumes 275,000 barrels per day (B/d) of oil as of the year 2016.
  • Morocco ranks 45th in the world for oil consumption, accounting for about 0.3% of the world's total consumption of 97,103,871 barrels per day.
  • Morocco consumes 0.33 gallons of oil per capita every day (based on the 2016 population of 35,126,283 people), or 120 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]

Oil Production in Morocco

See also: List of countries by Oil Production

  • Morocco produces160.00 barrels per day of oil (as of 2016) ranking 123rd in the world.
  • Morocco produces every year an amount equivalent to 8.5% of its total proven reserves (as of 2016).

Oil Imports

  • Morocco imports 25% of its oil consumption (67,713 barrels per day in 2016).

History of Oil Consumption and Production

See also

Sources

Morocco Oil Reserves, Production and Consumption Statistics (2024)

FAQs

Morocco Oil Reserves, Production and Consumption Statistics? ›

In July 2022, petroleum consumption for Morocco was 329 thousand barrels per day. Though Morocco petroleum consumption fluctuated substantially in recent months, it tended to increase through August 2021 - July 2022 period ending at 329 thousand barrels per day in July 2022.

What is the consumption of oil in Morocco? ›

In July 2022, petroleum consumption for Morocco was 329 thousand barrels per day. Though Morocco petroleum consumption fluctuated substantially in recent months, it tended to increase through August 2021 - July 2022 period ending at 329 thousand barrels per day in July 2022.

Does Morocco have significant oil reserves? ›

Morocco's total oil shale resources are estimated to contain 53.381 billion barrels (8.4869×109 m3) of shale oil. According to the United States Department of Energy, the oil shale deposits in Morocco constitute about 3.5% of the world's known oil shale resources.

How many oil reserves does Morocco have? ›

The reserves of petroleum materials in Morocco amount to 1,2 million cubic meters, equal to about 31 days of national consumption.

How many barrels of oil does Morocco produce? ›

In 2020, Morocco produced a volume of 139,400 barrels per day of oil products.

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