France is working with other countries at the United Nations to unblock access for Libya's rebel-led Transitional National Council (TNC) to the country's resources, the French foreign ministry confirmed Wednesday, DPA reported.
The United Nations in a resolution in March blacklisted five Libyan companies, including the National Oil Corporation, as part of a series sanctions against Moamer Gaddafi's regime.
Traders have since been wary of buying Libyan oil.
Libya's rebels have been campaigning to have the oil sanctions lifted.
Ahead of a meeting between French President Nicolas Sarkozy and rebel leader Mahmoud Jibril in Paris, a foreign ministry spokesman said France considered the TNC should be able to "dispose of the financial resources that have been frozen by the UN Security Council sanctions resolutions."
"We are currently working towards that goal in New York, in close concertation with our partners," the spokesman said.
France, along with several other countries, recognize the TNC as a legitimate representative of the Libyan people.