Middle East Economic Survey

VOL. XLVIII

No 1

3-January-2005

MOROCCO

Snamprogetti/Tekfen Win $550Mn Mohammedia Refinery Upgrade

A consortium comprising Italys Snamprogetti and Turkeys Tekfen have won the $550mn contract to upgrade Moroccos main Mohammedia refinery. Moroccan refiner Samir approved the investment plan in mid-2004 (MEES, 26 July 2004). The upgrade will include the construction of a hydrocracker and catalytic cracker which will allow the production of Euro-specification diesel and...