Tag Archives | oil smuggling

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. […]

Contraband Drugs, Oil and Cigarettes Seized

By John Lee. BBC News reports that police at the Italian port of Gioia Tauro (pictured) have seized a huge shipment of the drug Tramadol -- which can suppress fatigue -- thought to be destined for so-called Islamic State (IS) in Libya. The haul had an estimated value of 50 million euros. Italian police have also […]

Murder of Maltese Journalist possibly Linked to Libyan Smuggling

By John Lee. A senior Italian prosecutor has said that there are possible links between the murder of investigative journalist Daphne Caruana Galizia (pictured) in Malta last week, and an Italian investigation into an illicit fuel-smuggling network spanning Libya, Malta and Italy. Carmelo Zuccaro, who is leading the fuel-smuggling inquiry, told the Guardian he “could […]