Middle East Economic Survey

VOL. XLVIII

No 2

10-January-2005

MOROCCO

Morocco Mulls New Oil Refinery Unit At Jorf Lasfar Despite Samir Revamp

The Moroccan government has indicated that following negotiations with state refinery company Societe Anonyme Marocaine de lIndustrie du Raffinage (Samir) over a $550mn upgrade and renovation program, it is looking for potential investors to establish a new small refinery at Jorf Lasfar (MEES, 3 January). Samir resisted pressure from the government to relocate...