Regulatory Alerts2026-03-02 | 2026-04083Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 131B
The U.S. Department of the Treasury’s Office of Foreign Assets Control issued General License 131B to authorize transactions involving Lukoil International GmbH and its entities for the negotiation and entry into contingent contracts for the sale of LIG. This license, which supersedes GL 131A, remains valid through February 28, 2026, and permits related maintenance and wind-down activities while prohibiting fund transfers to Russia. The document also publishes GL 128B authorizing retail transactions for Lukoil outside Russia and GL 5T regarding Venezuelan bond dealings.
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