Morocco’s Petroleum Association denies involvement in fuel price forecasts

Morocco’s Petroleum Association denies involvement in fuel price forecasts
Dpa
Tuesday 8 April 2025 - 23:22

The Groupement des Pétroliers du Maroc (GPM), Morocco’s national petroleum association, issued a statement clarifying that neither its management nor its members have made any formal or informal communications regarding fuel price levels or anticipated changes at gas stations.

The clarification comes in response to a recent media article attributing fuel price predictions to a GPM member. The association firmly stated that any comments attributed to individual members do not, under any circumstances, represent the official stance of the organization.

In its statement, the GPM reaffirmed its commitment to upholding the foundational principles governing the import and distribution of petroleum products in Morocco. The organization stressed that its role is limited to representing the industry, facilitating dialogue with public authorities and stakeholders, and contributing responsibly to a better understanding and development of the sector.

Reiterating its dedication to fact-based, legally compliant communication, the GPM denounced the unauthorized use of a member’s alleged statement in an article predicting significant fuel price reductions. It emphasized its adherence to responsible engagement and accurate information-sharing within the bounds of legal and regulatory frameworks.

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