Buyer walks away from Morocco’s Samir refinery (Written by Peter Ramsay – Editor in chief of Petroleum Economist)

Casablanca, Morocco (Petroleum Economist) September 11, 2020 — London-based infrastructure project financer Elite Capital has told the Moroccan court responsible for the insolvent Samir refinery that it is breaking off talks, ongoing since 2018, to buy the shuttered plant. The 2mn bl/d refinery is Morocco’s only such facility, meaning its closure has left the North[…]