Morocco: Few details on Samir bidders

Little is known of the bidders to take over the bankrupt oil refiner Société Anonyme Marocaine de l’Industrie de Raffinage (Samir)’s refinery complex at Mohammedia as the complicated process of unravelling the company’s affairs continues. A court in Rabat has granted an extra month for the liquidation process, court-appointed trustee Mohammed El Krimi said on 23 March. Krimi has previously said he received some 20 offers from foreign investors before the 10 March deadline to bid for the 200,000 b/d refinery, which was shut down last August and placed in liquidation.