VOL. XXXVIII

NO. 44

31-JULY-1995

Libya

US Imposes $3.8Mn Penalty On Halliburton For Exports To Libya

The US Commerce Department has imposed a $2.6mn civil penalty on theHouston-based Halliburton Company for illegally re-exporting US-origin oil fieldequipment and technical data to Libya through its overseas companies. Inaddition, Halliburton pleaded guilty to three criminal counts of violating USexport control law, for which it has been fined $1.2mn. US companies have beenbarred from trading with...