The countries of the European Union have reached an agreement in principle to sanction the main Libyan oil group, the national company NOC, as indicated by a diplomatic source. The decision (the fourth set of sanctions against Libya led by the EU since the start of the rebellion) will be formally adopted later in the day and come into force tomorrow with its publication in the Official Journal of the Union.
Twenty-seven experts from the "have reached a technical agreement" which must be ratified by governments before entering into force, "to adjust the European sanctions against Libya with UN", according to that European diplomatic source. In resolution 1973 the Security Council United Nations cited the company.
In addition to blocking the assets of the NOC, the Twenty-seven others will be effective the measures recently adopted by the Security Council extended the UN sanctions against persons associated with the regime, strengthen the arms embargo and prohibit flights of Libyan companies Europe.
According to another source, European sanctions "are something beyond" the United Nations agreed. Until tomorrow, however, will be announced the names of all persons and entities affected. The idea, which was raised for weeks by some Member States, has taken longer to adopt, among other things, the reluctance of some countries like Italy, claimed last week to diplomatic sources.
The U.S. Treasury Department on Tuesday decided to extend the U.S. economic sanctions against the Libyan regime to 14 companies are identified as subsidiaries of the Libyan national oil company. The European Union should likewise punish these subsidiaries. So far, the EU had already passed three rounds of sanctions, the first directed against Qaddafi and others around, a second against some of the major Libyan entities such as central bank and sovereign fund, and the third, on Monday, expanding the two previous decisions. 
Twenty-seven experts from the "have reached a technical agreement" which must be ratified by governments before entering into force, "to adjust the European sanctions against Libya with UN", according to that European diplomatic source. In resolution 1973 the Security Council United Nations cited the company.
In addition to blocking the assets of the NOC, the Twenty-seven others will be effective the measures recently adopted by the Security Council extended the UN sanctions against persons associated with the regime, strengthen the arms embargo and prohibit flights of Libyan companies Europe.
According to another source, European sanctions "are something beyond" the United Nations agreed. Until tomorrow, however, will be announced the names of all persons and entities affected. The idea, which was raised for weeks by some Member States, has taken longer to adopt, among other things, the reluctance of some countries like Italy, claimed last week to diplomatic sources.
The U.S. Treasury Department on Tuesday decided to extend the U.S. economic sanctions against the Libyan regime to 14 companies are identified as subsidiaries of the Libyan national oil company. The European Union should likewise punish these subsidiaries. So far, the EU had already passed three rounds of sanctions, the first directed against Qaddafi and others around, a second against some of the major Libyan entities such as central bank and sovereign fund, and the third, on Monday, expanding the two previous decisions.
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