A recent analysis reveals Morocco is losing billions of dirhams due to the continued closure of the SAMIR oil refinery in Mohammedia. The refinery has been inactive, leading to significant economic repercussions for the country as it relies on imports for refined petroleum products. To date, 45 offers to purchase SAMIR have been rejected, as none met the required price, industrial commitments, and post-sale guarantees. The findings are detailed in a white paper released by the Moroccan economic consultancy, Vivay Capital. The report highlights the accumulating losses and the challenges in finding a suitable buyer willing to meet all conditions. The stalled sale process continues to hinder Morocco’s refining capacity and exacerbate economic strain. The situation underscores the need for a resolution to restore domestic refining capabilities.