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Al Amoudi’s oil refinery in Morocco taken over by the government – Reuters

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Morocco’s Casablanca appeals court upheld a ruling placing the country’s sole oil refinery Samir into liquidation, the lawyer of the holding company that controls Samir said on Wednesday. Samir halted production in August due to financial difficulties, then a court ruling in March placed it in liquidation and named an independent trustee to run it.

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