Company or organization

European Lebanese International Trade S.A.R.L. Elit

Designations and court status
Authority	Status	Date	Basis or court	Source
U.S. Treasury	Designated	Sep. 11, 2024	Executive Order 13224 (Terrorism)	Entry

Tie to Hezbollah, in the Government's Words

“Additional Sanctions Information - Subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations”

U.S. Treasury, OFAC, Specially Designated Nationals List entry: EUROPEAN LEBANESE INTERNATIONAL TRADE S.A.R.L. ELIT, Specially Designated Nationals List entry, Sep. 11, 2024, remarks field, sanctionssearch.ofac.treas.gov.

What Treasury Said

“European Lebanese International Trade S.A.R.L. (ELIT) is represented by al-Bazzal and was responsible for dozens of LPG shipments made by the LPG tankers ALPHA GAS (IMO: 8817693) and MARINA (IMO: 9005493) to Baniyas port in Syria for Hokoul SAL Offshore Company (Hokoul), which was designated on September 4, 2019, pursuant to E.O. 13224, for being owned or controlled by al-Bazzal.”

U.S. Department of the Treasury, Treasury Targets Oil and LPG Smuggling Network That Generates Millions in Revenue for Hizballah, press release, Sep. 11, 2024, para. 16, home.treasury.gov.

“ELIT was used by al-Bazzal to cover the operating expenses for the ALPHA GAS and MARINA; Bazzal was at one time owed approximately $4 million for shipments made by the tankers.”

U.S. Department of the Treasury, Treasury Targets Oil and LPG Smuggling Network That Generates Millions in Revenue for Hizballah, press release, Sep. 11, 2024, para. 16, home.treasury.gov.

Linked To

Linked To: HIZBALLAH

As Listed

U.S. Treasury EUROPEAN LEBANESE INTERNATIONAL TRADE S.A.R.L. ELIT

Exhibits

Exhibit 1
U.S. Treasury, OFAC, Specially Designated Nationals List entry: EUROPEAN LEBANESE INTERNATIONAL TRADE S.A.R.L. ELIT, Specially Designated Nationals List entry, Sep. 11, 2024, sanctionssearch.ofac.treas.gov.

Fetched Oct. 20, 2026.
Exhibit 2
U.S. Department of the Treasury, Treasury Targets Oil and LPG Smuggling Network That Generates Millions in Revenue for Hizballah, press release, Sep. 11, 2024, home.treasury.gov.

Fetched Oct. 20, 2026.
Summary The U.S. Department of the Treasury’s Office of Foreign Assets Control announced sanctions against three individuals, five companies, and two vessels involved in oil and liquefied petroleum gas shipments to Syria that generated revenue for Hezbollah. The action was taken pursuant to Executive Order 13224, as amended, and blocked the designated persons’ property and interests in property subject to U.S. jurisdiction.

Cite this pageMiddle East Forum, “European Lebanese International Trade S.A.R.L. Elit,” Party of God, Inc., accessed October 21, 2026.