OFAC GL 131H: Eighth Extension in a Row Gives Lukoil International GmbH Deal Until August 22
On July 24, 2026, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General License No. 131H (OFAC GL 131H), replacing General License No. 131G and extending the authorization for negotiations and contingent contracts for the sale of Lukoil International GmbH (LIG) until August 22, 2026. LIG is the Austrian holding company through which PJSC Lukoil manages...
Lukoil OFAC Licenses: GL 128C and GL 130A Extend the Operational Window Through October 2026
On April 14, 2026, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) published two updated general licenses directly tied to Lukoil sanctions: General License 128C (GL 128C) and General License 130A (GL 130A). OFAC also revised its FAQ 1225 on the same date. The two Lukoil OFAC Licenses replace their predecessors and significantly extend the applicable time...
Lukoil Sanctions: OFAC Issues GL 131D, Extending the Sale Window for Lukoil International GmbH Through May 1, 2026
On March 30, 2026, the Office of Foreign Assets Control of the U.S. Department of the Treasury (OFAC) issued General License No. 131D (GL 131D), replacing GL 131C, which was set to expire on April 1, 2026. The new license extends through May 1, 2026, the authorization to negotiate and enter into contingent contracts for the sale of Lukoil International GmbH (“LIG”), the Austrian holding...