New UK License Authorizes Business With Lukoil International
The U.K. issued a new general license under its Russia sanctions list, allowing non-sanctioned individuals or entities to continue business operations with Lukoil International, the international business arm of major Russian energy firm Lukoil, and its related subsidiaries. The license…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
runs from Nov. 27 to Feb. 26. Under the license, non-sanctioned parties may make payments to or receive payments from Lukoil and its subsidiaries under any existing or new obligations or contracts, and provide or receive economic resources from Lukoil.