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Al-Yamani: Stopping "Samir" hits economy hardest
The Secretary-General of the National Union of Petroleum and Gas emphasizes that the closure of the Samir refinery causes significant economic losses, as its production capacity can exceed 4 billion liters of diesel annually, with potential revenues reaching up to 24 billion dirhams from refining, which surpasses the company's judicial sale value in 2016. He also explains that the refinery's suspension has led to increased profits for distribution companies and higher costs for consumers. He calls for an urgent political decision to resume refining operations and ensure the needs of the national market at reasonable prices, especially given international tensions and rising fuel prices.
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