Call for the urgent resumption of SAMIR’s activity

In a statement released after a videoconference held on Tuesday, August 11, 2020, the national front for the safeguard of the Moroccan oil refinery called on the government to work for the urgent resumption of oil refining in the Moroccan refinery considering that this is the only way to ensure Morocco’s energy sovereignty and to organize the conditions for healthy competition and reduce the hegemony of those who exercise control over the oil and gas market.

The front also underlined the need to build up the necessary security stocks of hydrocarbon products in this period of health crisis through the operation of the SAMIR storage tanks.

On the other hand, the front was surprised at the delay in the actual start-up of the activity of storing petroleum materials in the refinery despite the court ruling issued since May 2020 on the basis of the request. of the Moroccan government.

A call to all intermediary bodies

On this occasion, the front urged all the intermediary bodies, namely the political parties, the trade unions and all the active forces of the nation, having expressed their support for the proposed law on the transfer of assets from SAMIR to the Moroccan State and the proposal to regulate the price of hydrocarbons in Morocco, to engage in advocacy in favor of these two laws and to take concrete initiatives within the parliament.

In addition, the executive board of the front welcomed, in the press release, the decision to create a Royal Commission responsible for ensuring the manifestation of the truth about the report of the Competition Council on the suspicion of illicit agreements on prices between distributors of petroleum products. The members of the office also expressed their wish that the Mohammedia refinery could be reborn with the help of the strategic investment fund.

The front condemns the obstruction to price formation

The front finally signaled the increase in the profit margin in the hydrocarbon sector after its liberalization, from 600 dirhams per tonne to around 2,000 dirhams per tonne, the sale to consumers at comparable prices, the distribution of market shares and exchange of confidential information on business flows.

In this sense, it reports an obstruction to the process of price formation by the market and requires, if they were to be confirmed, the application of the sanctions proposed by the Competition Council to the oil companies which would have placed themselves. in violation of law 104.12 relating to freedom of prices and competition.

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