ISSN 2330-717X

Netherlands: Libyan Assets Frozen

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The Dutch government has frozen 3 billion euro worth of Libyan assets in line with sanctions imposed by the United Nations and the European Union, local media reported Wednesday.

A multinational energy company called Yara based in the Dutch town of Sluiskil is among those affected by the freeze. It is 50 percent owned by the National Oil Corporation of Libya and the Libyan Investment Authority.

Libyan state oil firm Tamoil and oil and gas exploration firm Verenex both also have bases in the Dutch town of Ridderkerk, noted the media reports.

KUNA

KUNA

KUNA is the Kuwait News Agency

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