◆ SpookStack

JK y1-51 .he meant that should Muarmar Qadhafy generally embargo Libyan crude oil to the U. S. that this contract would be an exception to that-embargo. "Billy Carter said that if this arrangement were successful, that he wanted any commission paid to himself in the United States and that he fully intended to comply with U. S. tax laws regarding such commissions. Carter said that' he was not hiding anything and that us that he was an invited guest to Qadhafy's tenth anniversary celebration in Libya and that upon his return from Libya, he would inform me regarding progress .of this arrangement. ."I.sent two letters to Billy, both dated August 21, and sets forth our tentative agreement. The second letter contains suggested guidelines in negotiating the supply contract with the Libyans. Copies of these letters are attached. "At this meeting on August 17, l979, Billy explained that he had developed a rapport with certain Libyan political officials. "Following my meeting with Billy Carter in Georgia, I.went to Libya and discussed with Libyan commercial oil representatives Carter's proposal. These were officers of the National Oil Corporation of Libya (NOc) and Brega Marketing Company (Brega) with whom Charter had previously negotiated existing crude oil supply contracts. I was concerned and did not want to jeopardize these existing crude oil commitments Charter had with Libya, which were totally separate from.any commitments Carter might secure. I was assured by these officials that any negotiations Charter had with Carter would not jeopardize such existing arrangements. These same Noc-Brega officers said that Billy Carter was dealing with Libyan politicians and that these politicians think highly of Billy Carter. These same Libyan Noc-Brega oificerssid that if anyone could secure a contract to purchase Libyan crude oil that Carter could. Following Carter's return from Libya, I had a few telephone conversations with him. He advised me to contact Ali Houderi, a diplomat representing the Libyan Government assigned to Washington, D. C. I telephonically contacted Houderi and veriiied the fact that there was a good possibility that Billy Carter could arrange the purchase of Libyan crude oil by Charter.