Reuters
by Aziz El Yaakoubi
Morocco’s government said on Wednesday it will not bow “to pressures” from the country’s oil refinery operator Societe Anonyme Marocaine de l’Industrie du Raffinage (Samir) and will do everything possible to recover unpaid tax dues and protect the refinery’s workers.
Morocco’s tax administration seized the company’s bank accounts last week in pursuit of the 13 billion-dirham ($1.33 billion) tax claim.
Samir, which is controlled by Saudi Corral Petroleum Holdings, announced earlier this month that it was halting production at some units of the 200,000 barrel-per-day (bpd) Mohammedia refinery.
