VOL. XLV

No 13

1-April-2002

MOROCCO

Samir To Invest $720Mn In Refinery Upgrade Before EnergyLiberalization

Moroccanrefiner Societe Anonyme Marocaine de LIndustrie du Raffinage (Samir)has announced plans to invest $720mn over a three-year period in order toupgrade and expand its 120,000 b/d plant in Mohammediabefore the liberalization of the domestic fuel and energy sector in 2004. Theinvestment plan will increase the plants capacity from 6.25mn tons/year to8.25mn t/y (160,000 b/d) and install...