OFAC Updates FAQs for Russia, Lukoil General Licenses
The Office of Foreign Assets Control updated two Russia-related general licenses involving certain transactions involving Lukoil International GmbH, the international business of Russian energy firm Lukoil. One FAQ covers General License 131A (see 2512100017), which authorizes certain activities related to…
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the negotiation of contracts for the sale of Lukoil International, and the other FAQ covers GL 131A along with GL 128B (see 2512040018), which authorizes certain transactions involving Lukoil retail service stations located outside Russia.