Moroccan Upper House Committee Votes to Nationalize Samir Refinery

Morocco's Finance Committee in the House of Councillors approved two bills on June 9, 2026, to nationalize the Samir refinery and cap hydrocarbon prices.

Moroccan Upper House Committee Votes to Nationalize Samir Refinery

Image: medias24.com

On June 9, 2026, the Finance, Planning, and Economic Development Committee of Morocco's House of Councillors (upper house) voted to adopt two proposed laws concerning the nationalization of the Samir refinery and the capping of hydrocarbon prices, according to verified reports from Moroccan media.

The first bill calls for the nationalization of the Samir refinery in Mohammedia, which has been idle since 2015 due to financial difficulties and legal disputes. The second bill proposes a cap on the prices of petroleum products to protect consumers from price volatility.

The votes come amid ongoing public debate over energy policy and the refinery's future. The proposals will now proceed to a plenary session in the House of Councillors for further debate and a final vote before potentially becoming law.

Details on the specific price cap levels or the timeline for nationalization have not been officially disclosed. The government has not yet issued a formal response to the committee's decision.

❓ Frequently Asked Questions

What is the Samir refinery?

The Samir refinery is a major oil refinery located in Mohammedia, Morocco, which has been shut down since 2015 due to financial and legal issues.

What did the Moroccan House of Councillors committee vote on?

On June 9, 2026, the Finance Committee voted to adopt two bills: one to nationalize the Samir refinery and another to cap hydrocarbon prices.

What happens next for these proposed laws?

The bills will be debated and voted on in a plenary session of the House of Councillors before potentially becoming law.

πŸ“° Source:
medias24.com β†’
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