EU extends sanctions on Libya to an oil firm and government department

Given the gravity of the situation in Libya, the Council of the European Union has decided to extend the sanctions imposed to the regime of Muammar Gaddafi by including two entities in the black-list. These entities whose assets have been frozen are either under the control of Muamar Gadafi or could be a source of funding for his regime. These measures further the sanctions already imposed at the beginning of the crisis back in March 2011.

Measures agreed by the Council aim to extend the assets freeze to two further entities closely linked to the perpetrators of the serious human rights abuses in Libya. More precisely, Council Implementing Decision 2011/500/CFSP concerning restrictive measures on Libya provides for the freeze of the assets that the Al-Sharara oil Services Company and the Organization for Administrative Development Centres (ODAC) have in the European Union. Reason for sanctions are based on their relationship with the Qadhafi Regime as well as the potential source of funding they could represent for it.

These sanctions extend the measures already taken by the European Union on 28 February when the Council of the European Union established a series of restrictive measures against Libya, imposing sanctions on some entities related to Muammar Qadhafi's Regime. Among the measures agreed, which aimed to give effect and extend those included in the Resolution 1970 of the Security Council of the United Nations, the European Union included the ban of supply of arms and equipment which could be used for repression, as well as a visa ban and freeze of assets for Muammar Qadhafi and some members of his family.

These measures have been complemented by additional restrictions on individuals associated with the Libyan Regime as well as other sanctions to entities such those imposed last June on Libyan port authorities to the extent that they could make funds, financial assets or economic resources available to the organizations and people already affected by previous sanctions. Among these Authorities, some of the major Libya ports such as Tripoli Libya, Ras Lanuf or Zawia, were affected.