VOL. XXXIX

No. 48

26-August-1996

MOROCCO

Morocco To Invite Bids For Sale Of Stake In Samir Refinery

The Moroccan Ministry of Privatization announced on 19 August that an international tender will be issued on 1 September for the sale of a 30% or more stake in the Societe Marocaine de l'Industrie du Raffinage (Samir) refinery - the largest refinery in Morocco with a capacity of 125,000 b/d located near the city of Mohammadia. The sale is part of the government's privatization program for...