Company or organization

Heavy OIL Distribution Company Hodico S.A.L.

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 OIL DISTRIBUTION COMPANY HODICO S.A.L., Specially Designated Nationals List entry, Sep. 11, 2024, remarks field, sanctionssearch.ofac.treas.gov.

What Treasury Said

“Zgheib and Obeid own and manage Heavy Oil Distribution Company S.A.L. (HODICO) and several subsidiaries that have been involved in Hizballah’s energy deals, many of which have been coordinated 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. 11, home.treasury.gov.

“Zgheib serves as the Director of HODICO, while Obeid serves as the Chairman.”

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.

Linked To

Linked To: HIZBALLAH

As Listed

U.S. Treasury HEAVY OIL DISTRIBUTION COMPANY HODICO S.A.L.

Exhibits

Exhibit 1
U.S. Treasury, OFAC, Specially Designated Nationals List entry: HEAVY OIL DISTRIBUTION COMPANY HODICO S.A.L., 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 OIL Distribution Company Hodico S.A.L.,” Party of God, Inc., accessed October 21, 2026.