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RECORDTreasury, Office of Foreign Assets Control

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Libya General License No. 5

Published by Treasury, Office of Foreign Assets Control on April 26, 2011.

2011 license naming Vitol to trade rebel-held Libya's oil

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… Executive Order 13566 of February 25,2011 Blocking Property and Prohibiting Certain Transactions Related to Libya GENERAL LICENSE NO. 5 Authorizing Transactions Related to Certain Oil, Gas, or Petroleum Products Exported from Libya U.S. persons are authorized to engage in transactions with or involving Qatar Petroleum or the Vitol group of companies related to oil, gas, or petroleum products exported from Libya under the auspices of the Transitional National Council of Libya (the "TNC"), provided that neither the Government of Libya nor any other person whose property and interests in property are blocked - with the exception of Arab Gulf Oil Company ("Agoco"), as an entity operating in areas controlled by the TNC and under the auspices of the TNC - receives any benefit from such …

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