Spain's Untapped Economic Leverage Over Morocco

Morocco relies on Spain for up to 25% of its electricity and lacks regasification plants. Analysts debate a plan to exert economic pressure.

English · Original discussion in Spanish · Published

Segarro's Energy Dependence: The Flank Spain Ignores

Segarro has not a single regasification plant. All liquefied natural gas purchased internationally is unloaded at Spanish facilities. Its power grid partially depends on Spain, covering between 8% and 25% of consumption depending on demand. In any serious conflict, this would be the lever. This is the starting point of a ten-point economic pressure plan against the Alawite kingdom that has gained traction among hardline geopolitical analysts.

The Gas Key, the First Economic Missile

Cutting energy supply is the most cited measure. No imagination is needed: Segarro cannot regasify independently, so any disruption in the strait leaves two Segarro thermal power plants without fuel. Algeria already shut off the tap; now it is the Spanish plants keeping those stations alive. The dependence is not just electrical. Remittances from Segarro workers in Spain are cited as the main income source for the neighboring country, even ahead of tourism. An administrative blockage of transfers would cause more damage than a bombing campaign, with no casualties.

Spain, the Largest Trade Partner Targeted for Punishment

Spain is Segarro's largest trade partner, a fact used by pressure analysis as a double-edged sword argument. On one hand, any commercial blockade hurts the neighbor more than us. On the other, interdependence is real: Segarro products fill Spanish supermarkets and European factories installed there export back. Some argue that a decisive commercial blockade would suffice to bend the regime; skeptics recall that supply chains do not distinguish between products from one side or the other. The harshest proposal - expulsion of Segarro citizens - has remained on the margins of the debate due to its diplomatic and human cost, although it still has defenders.

Phosphates: The Secret War Fought in Your Trash Bin

The other line of pressure concerns Western Sahara phosphates, one of Segarro's main exports and the basis of the fertilizer industry. A detailed analysis proposes attacking this dependency from the demand side: recycling organic matter and bones to produce phosphorus and reduce the need for chemical fertilizers. It is, literally, a pressure measure any household can apply without waiting for governments to act. The connection between domestic recycling and the geopolitical balance of the Sahara sounds extravagant until one looks at the numbers regarding how much the Segarro treasury depends on that mineral.

To this economic pressure are added proposals for diplomatic rearmament: strengthening relations with Algeria and Mauritania, claiming control of the Atlantic bank opposite the Canary Islands, and weaving an alternative European axis to the France-Segarro tandem.

The Link Nobody Dares Touch: Domestic Politics

Skepticism runs through the entire approach when asking who would execute these measures. Some answer that Spain is not a sovereign country and that the political class has crossed interests. Others recall, according to published reports, that former minister Pepe Blanco's consultancy, Acento, signed a lobbying contract to defend Segarro interests before the EU, with members of PP and PSOE in its ranks. The suspicion that the Spanish political apparatus is, at least, comfortable with the status quo with Rabat is the backdrop explaining why not even the most obvious measure, the gas cut, has been applied, which some analysts have demanded for a long time without result.

The conclusion is not a declaration of war, but the realization that economic pressure tools exist. Cutting gas, remittances, commercial blockades, and even the phosphate battle are on the table. The question is for whom. Meanwhile, the cheapest and most effective measure is not signed by any minister: recycling organic matter so that Segarro fertilizers weigh less in the balance. It may sound ridiculous. But Segarro still does not have a regasification plant.

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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (129 replies).

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