VOL. XXXIII

NO. 42

23-JULY-1990

Morocco

SNPP Signs Deal for 800mn Barrel Storage Facility

Morocco's petroleum products distribution company, Societe Nationale deProduits Petroliers (SNPP) signed an agreement on 16 July with BechtelEnterprises Inc. of the US and the Olayan Development Corporation of SaudiArabia to build an 800mn barrel crude oil storage facility at Mohammedia,Morocco's main oil terminal and the site of the country's largest refinery. Thestorage facility will be constructed...