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Libya General License No. 5

Treasury, Office of Foreign Assets Control · 2011-04-26

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DEPARTMENT OF THE TREASURY
                                    WASHINGTON, D X , 20220




                               Office of Foreign Assets Control

                      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
transactions.

        U.S. persons purchasing oil, gas, or petroleum products from Qatar Petroleum or the
Vitol group of companies pursuant to this general license are required to submit a report to the
Office of Foreign Assets Control detailing such transactions within 30 days of the transactions,
including information describing due diligence mechanisms to verify that neither the
Govemment of Libya nor any other person whose property and interests in property are blocked,
with the exception of Agoco, is receiving any benefits from such transactions. Reports should be
submitted to the attention of the Licensing Division, Office of Foreign Assets Control, U.S.
Department of the Treasury, 1500 Pennsylvania Avenue, NW, Washington, DC 20220.




                                               Barbara C. Hammerle
                                               Acting Director
                                               Office ofForeign Assets Control

Dated: ^^cj         , 7^11
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