VOL. XXXVIII

NO. 15

9-JANUARY-1995

Morocco

Morocco To Privatize Refineries, Increases Product Prices

Morocco will privatize its two oil refineries, the country's Minister ofPrivatization, Mr. Abderrahman Saaidi, announced on 28 December following acabinet meeting chaired by King Hassan II. The two refineries, the 135,000 b/dSamir plant at Mohammedia near Casablanca, and the 24,000 b/d SCP plant at SidiKacem northeast of Rabat, would be sold in either 1995 or 1996, Mr. Saaidi said,adding that the...