[Federal Register Volume 76, Number 124 (Tuesday, June 28, 2011)]
[Notices]
[Page 37892]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-16187]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Unblocking of Specially Designated National and Blocked Person 
Pursuant to Executive Order 13566

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is publishing the name of one individual whose property and 
interests in property have been unblocked pursuant to Executive Order 
13566 of February 25, 2011, ``Blocking Property and Prohibiting Certain 
Transactions Related to Libya''

DATES: The unblocking and removal from the list of Specially Designated 
Nationals and Blocked Persons (``SDN List'') of the individual 
identified in this notice whose property and interests in property were 
blocked pursuant to Executive Order 13566 of February 25, 2011, is 
effective on June 21, 2011.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Sanctions 
Compliance and Evaluation, Office of Foreign Assets Control, Department 
of the Treasury, Washington, DC 20220, tel.: 202/622-2490.

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (http://www.treas.gov/ofac) or via 
facsimile through a 24-hour fax-on demand service tel.: (202) 622-0077.

Background

    On February 25, 2011, President Barack Obama declared a national 
emergency in order to address the threat created by the deteriorating 
situation in Libya and Colonel Muammar Qadhafi's and his government's 
extreme measures against the people of Libya by issuing Executive Order 
13566 ``Blocking Property and Prohibiting Certain Transactions Related 
to Libya'' (``E.O. 13566'' or the ``Order'') pursuant to the 
International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) 
(``IEEPA''). E.O. 13566 imposes economic sanctions on persons named in 
the Annex to the Order. The Order also authorizes the Secretary of the 
Treasury, in consultation with the Secretary of State, to designate 
additional persons determined to meet the criteria set forth in E.O. 
13566.
    On April 8, 2011, the Director of OFAC, in consultation with the 
Secretary of State, designated, pursuant to one or more of the criteria 
set forth in subparagraphs (b)(i) through (b)(vi) of Section 1 of the 
Order, the individual listed below, whose property and interests in 
property were blocked pursuant to the Order:

GHANEM, Shukri Mohammed (a.k.a. GHANEM, Shokri); DOB 9 Oct 1942; POB 
Tripoli, Libya; Oil Minister; Chairman of the National Oil Company of 
Libya (individual) [LIBYA2].

    On June 21, 2011, the Director of OFAC removed this individual from 
the list of those subject to sanctions under the Order, and 
correspondingly removed him from the SDN list.

    Dated: June 21, 2011.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2011-16187 Filed 6-27-11; 8:45 am]
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