Frequently Asked Questions

1224. What activities does OFAC General License 131, "Authorizing Certain Transactions for the Negotiation of and Entry Into Contingent Contracts for the Sale of Lukoil International GmbH and Related Maintenance Activities," authorize?

1224 … On October 22, 2025, OFAC designated PJSC Lukoil (Lukoil) to increase pressure on Russia's energy sector and degrade Russia's ability to raise revenue for its war machine. OFAC is aware of potential efforts by Lukoil to divest its assets outside of Russia to non-blocked parties, given the… Read more

1225. What activities do Russia-related General Licenses 128B and 131 authorize?

1225 … Russia-related General License (GL) 128B , issued on December 4, 2025, authorizes through April 29, 2026 transactions involving Lukoil International GmbH (LIG), or any of its majority-owned subsidiaries, including Lukoil North America LLC and Lukoil Americas Corporation, (collectively, "LIG… Read more

Frequently Asked Questions

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