Morocco to Rent Samir Refinery Storage Platforms 

Morocco to Rent Samir Refinery Storage Platforms 

Morocco’s Samir refinery has accepted a state offer to rent its storage platforms to secure the country’s oil needs, according to the North Africa Post.

The oil storage shortage has resulted in oil prices falling dramatically thus the Moroccan government has decided to rent storage space from Samir refinery which closed in 2015 due to bankruptcy. According to Moroccan media Hespress, Samir has a storage capacity of 2 million cubic metres which equates to 80 days worth of oil and gas storage for the entire country.

Since the refinery’s closure in 2015, Morocco has been solely dependent on refined products imports, making Morocco North Africa’s largest energy importer.


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