Tag Archives | oil smuggling

Swiss Trader accused of alleged Oil Smuggling from Libya

By John Lee. Swiss-based Trial International has filed a criminal complaint ("dénonciation pénale") for complicity in pillage against Kolmar Group AG before the Office of the Attorney General (OAG) of Switzerland. According to a joint report published by Trial International and Public Eye on 2 March 2020, the Zug-based trading company had purchased smuggled gasoil […]

UAE Groups Suspected of Violation of Arms Embargo

By John Lee. UAE-based companies have reportedly shipped nearly 11,000 tonnes of jet fuel to eastern Libya, in a suspected violation of an international arms embargo. According to documents seen by the Financial Times, the shipment, under investigation by a UN panel of experts, had a market value of nearly $5 million when it was […]

Swiss Trader allegedly involved in Libyan Fuel Smuggling

By John Lee. Public Eye and Trial International claim to have uncovered business transactions in 2014 and 2015 between the Swiss trader Kolmar Group AG and a smuggling network whose main players are now facing trial in Sicily. Commenting on the report, NOC Chairman Mustafa Sanalla said: "The specific case in this report is the […]

UN Votes To Extend Libya Oil Sanctions

Security Council Extends Measures against Illicit Export of Petroleum from Libya, Adopting Resolution 2509 (2020) The UN Security Council has extended the authorization of measures against the illicit export of crude oil and other petroleum products from Libya until 30 April 2021, continuing to allow Member States to inspect designated vessels on the high seas. Adopting […]

Libya: Rich in Oil, Leaking Fuel

Tim Eaton has written an article for the Royal Institute for International Affairs (Chatham House), entitled "Libya - Rich in Oil, Leaking Fuel". In it, he says that the oil-rich country is supposed to provide cheap, subsidized fuel to its citizens. But amid continuing violence and instability, up to one-third goes missing from official supply […]

NOC condemns threats by ‘Smuggling Gangs’

NOC condemns threats by ‘smuggling gangs’ against Brega chairman Imad Benkoura The board of the National Oil Corporation (NOC) has condemned in the strongest terms threats by armed militia in Tripoli against Brega Petroleum Marketing Company (BPMC) chairman Imad Benkoura. Tripoli militia threatened Mr Benkoura in an attempt to force him to review the decision […]

Oil Smuggling costs Libya $750m/yr

Mustafa Sanalla (pictured), Chairman of Libya’s National Oil Corporation (NOC), used a keynote speech to the global oil industry to demand a series of measures be taken to save the industry and his country from the significant economic and societal damage wreaked by endemic fuel smuggling. To an audience of industry experts at the inaugural […]

US Sanctions Libyan Oil Smugglers

By John Lee. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned six individuals, 24 entities, and seven vessels for threatening the peace, security, or stability of Libya through the illicit production, refining, brokering, sale, purchase, or export of Libyan oil or for being owned or controlled by designated persons. […]