Company or organization

Heavy Industrial Fuels SAL HIF

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: HEAVY INDUSTRIAL FUELS SAL HIF, Specially Designated Nationals List entry, Sep. 11, 2024, remarks field, sanctionssearch.ofac.treas.gov.

What Treasury Said

“Another HODICO subsidiary managed by Zgheib and Obeid, Heavy Industrial Fuels SAL HIF (HIF SAL), received a $1 million payment in 2022 from Yasser Ibrahim that was arranged by al-Bazzal, likely for LPG shipments to Syria.”

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. 11, home.treasury.gov.

“HODICO and HIF SAL are being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Hizballah.”

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. 13, home.treasury.gov.

Linked To

Linked To: HIZBALLAH

As Listed

U.S. Treasury HEAVY INDUSTRIAL FUELS SAL HIF

Exhibits

Exhibit 1
U.S. Treasury, OFAC, Specially Designated Nationals List entry: HEAVY INDUSTRIAL FUELS SAL HIF, 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, “Heavy Industrial Fuels SAL HIF,” Party of God, Inc., accessed October 21, 2026.