Lukoil Foreign Assets Sale: GL 131E Extends the Negotiation Window to May 30, 2026
What Happened on April 29, 2026
On April 29, 2026, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) issued General License No. 131E (GL 131E), extending the authorization for negotiations and the execution of conditional contracts for the sale of Lukoil International GmbH (LIG), the Austrian holding company through which Lukoil manages its foreign operations. The new...