Company or organization
Heavy OIL Distribution Company Hodico SAL OFFSHORE
| 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 SAL OFFSHORE,
Specially Designated Nationals List entry, Sep. 11, 2024, remarks field, sanctionssearch.ofac.treas.gov.
What Treasury Said
“Zgheib and Obeid also jointly manage Heavy Oil Distribution Company SAL Offshore (HODICO Offshore).”
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 Offshore is being designated pursuant to E.O. 13224, as amended, for being owned, controlled, or directed by, directly or indirectly, Obeid and Zgheib.”
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. 14, home.treasury.gov.
Linked To
- Linked To: OBEID, Boutros Georges Boutros Georges Obeid
- Linked To: ZGHEIB, Ali Nayef Ali Nayef Zgheib
As Listed
- U.S. Treasury HEAVY OIL DISTRIBUTION COMPANY HODICO SAL OFFSHORE
Exhibits
Exhibit 1
U.S. Treasury, OFAC,
Specially Designated Nationals List entry: HEAVY OIL DISTRIBUTION COMPANY HODICO SAL OFFSHORE,
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 SAL OFFSHORE,” Party of God, Inc., accessed October 21, 2026.