Carlyle secures $100m insurance claim related to Moroccan refiner Samir 

Carlyle secures $100m insurance claim related to Moroccan refiner Samir 

In 2015, the US investment fund agreed to finance more than $350 million in crude oil purchases, weeks before the Kingdom’s only refinery went bankrupt. 

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            ▪ Carlyle secures $100m insurance claim related to Moroccan refiner Samir 

▪ In 2015, the US investment fund agreed to finance more than $350 million in crude oil purchases, weeks before the Kingdom’s only refinery went bankrupt. 

https://www.africabusinessplus.com/en/811450/carlyle-secures-100m-insurance-claim-related-to-moroccan-refiner-samir/

The Carlyle Group LP had signed several insurance policies to cover the risks associated with transporting and storing the oil purchased in March 2015 on behalf of the Moroccan refinery Société anonyme marocaine de l’industrie du raffinage (Samir), with a processing capacity of 200,000 barrels per day.

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