OFAC Blocks 14 Oil Companies Under Libya EO
The Office of Foreign Assets Control has identified 14 companies owned by Libya’s National Oil Corporation, as subject to sanctions pursuant to Executive Order 13566, pursuant to which U.S. persons are prohibited from engaging in business with these companies.
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Specifically, OFAC identified the following as companies owned by of Libya’s National Oil Corporation:
- Arabian Gulf Oil Company
- Azzawiya Oil Refining Company
- Brega Petroleum Marketing Company
- Harouge Oil Operations
- Jamahiriya Oil Well Fluids And Equipment
- Mediterranean Oil Services Company
- Mediterranean Oil Services GMBH
- National Oil Fields and Terminals Catering Company
- North African Geophysical Exploration Company
- National Oil Wells Drilling and Workover Company
- Ras Lanuf Oil And Gas Processing Company
- Sirte Oil Company for Production Manufacturing of Oil and Gas
- Zueitina Oil Company
- Waha Oil Company
OFAC has also updated its Specially Designated Nationals list to include these designations.