Frequently Asked Questions

1224. What negotiations does Russia-related General License 131G authorize, and what transaction conditions will OFAC consider when evaluating requests for further authorization to effectuate a sale of Lukoil International GmbH (LIG) assets?

On October 22, 2025, OFAC designated Public Joint-Stock Company Oil Company 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-… Read more

1261. If my delisting petition requesting removal from an OFAC's sanctions list is denied, may I petition for removal again?

Yes. If you, your organization, or your property have been listed by OFAC on one of OFAC's sanctions lists, and OFAC denied your delisting petition, you may reapply using the same process as the initial delisting petition (see FAQ 897 ); however, you will need to present new arguments or evidence… Read more

897. How can I ask OFAC to remove me or my organization from an OFAC sanctions list?

If you, your organization, or your property have been listed by OFAC on an OFAC-administered sanctions list, you or your authorized representative can request removal by following the administrative reconsideration process described in 31 CFR § 501.807 . Administrative reconsideration is OFAC's… Read more

1118. As of December 2022, the Government of the Russian Federation may require a so-called "exit tax" payment prior to the divestment of assets located in the Russian Federation, potentially requiring transactions involving the Central Bank of the Russian Federation or the Ministry of Finance of the Russian Federation. Do U.S. sanctions prohibit the payment of this so-called "exit tax"? Does Russia-related General License (GL) 13R authorize transactions that involve the payment of this exit tax?

Directive 4 under Executive Order (E.O.) 14024, "Prohibitions Related to Transactions Involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation," as amended (Russia-related Sovereign Transactions… Read more

999. What authorizations exist for entities subject to Directive 4 under Executive Order (E.O.) 14024, "Prohibitions Related to Transactions Involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation," as amended (Russia-related Sovereign Transactions Directive)?

OFAC issued Russia-related General License (GL) 132 to authorize transactions involving the Paks II civil nuclear power plant project in Hungary, including those involving the Central Bank of the Russian Federation, that would be prohibited by the Russia-related Sovereign Transactions Directive.… Read more

Frequently Asked Questions

Office of Terrorism and Financial Intelligence