Libya - General License No. 7a with Respect to the Libyan National Oil Corporation and its Subsidiaries

Date issued: Sep. 19 2011

TURBOFAC Commentary (91 words)

Notes:

* [2022-10-03 update - this GL was implemented into the Libyan Sanctions Regulations at 570.514 and removed from OFAC's website]

1) General license relates to the second Libyan Sanctions Regulations (Part 570), not the first, Part 550, which was repealed in 2004. This GL has not been incorporated in the part 570 LSR.

At the time the GL was issued, the Libyan National Oil Corporation was blocked pursuant to 13566 and therefore outside the scope of GL No. 6. As of 5/2019, the entity is no longer an SDN.