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Article

26 Aug 2011

Author:
Caelainn Barr, The Bureau of Investigative Journalism

Concerns raised over oil shipments to Libya

As the Gaddafi regime falls apart, concerns have been raised about oil supplied to western Libya during the six-month uprising. A ship carrying fuel originally supplied by...Saras, was turned back by NATO troops in May on the grounds that it could be used for military purposes. The ship carrying the Saras fuel was contracted by an unknown third-party, which had bought the oil from the Italian company. Saras was not in breach of any embargo but the reports have sparked serious concern among company investors and NGOs...Earlier this year Reuters reported that a shipment of Saras fuel destined for western Libya was transported in April...A Saras spokesperson commented: ‘Saras S.p.A. denies having sold or delivered gasoline to Libya’s General National Maritime Transport Company (GNMTC). Saras S.p.A. is acting and has always acted in full compliance with all applicable restrictive measures concerning Libya.’ The GNMTC has not been blacklisted by the UN but it is believed to be run as a front for Gaddafi family interests.