2026-03-02 | 2026-04086

Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 128B and 131B

The U.S. Department of the Treasury’s Office of Foreign Assets Control published General Licenses 128B and 131B to authorize specific transactions otherwise prohibited under the Russian Harmful Foreign Activities Sanctions Regulations. General License 128B, issued December 4, 2025, authorizes transactions involving Lukoil International GmbH entities for the maintenance or wind-down of retail service stations outside Russia until April 29, 2026, replacing General License 128A. General License 131B, issued January 14, 2026, authorizes additional transactions and replaces General License 131A, with an expiration date of February 28, 2026.

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Federal Register / Vol. 91, No. 40 / Monday, March 2, 2026 / Rules and Regulations 10007 Dated: December 10, 2025. Bradley T. Smith, Director, Office of Foreign Assets Control. Editorial Note: This document was received by the Office of the Federal Register on February 26, 2026. [FR Doc. 2026–04085 Filed 2–27–26; 8:45 am] BILLING CODE P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 587 Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 128B AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of a web general license. SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 128B, which was previously made available on OFAC’s website. DATES: GL 128B was issued on December 4, 2025. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Regulatory Affairs, 202–622–4855; or https:// ofac.treasury.gov/contact-ofac. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: https:// ofac.treasury.gov/. Background On December 4, 2025, OFAC issued GL 128B to authorize certain transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. This GL was made available on OFAC’s website (https://ofac.treasury.gov) when it was issued. GL 128B, which has an expiration date of April 29, 2026, replaces and supersedes GL 128A. The text of this GL is provided below. OFFICE OF FOREIGN ASSETS CONTROL Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 587 GENERAL LICENSE NO. 128B Authorizing Certain Transactions Involving Lukoil Retail Service Stations Located Outside of Russia (a) Except as provided in paragraph (c) of this general license, all transactions prohibited by Executive Order (E.O.) 14024 involving Lukoil International GmbH (LIG) or any entity in which LIG owns, directly or indirectly, a 50 percent or greater interest, including Lukoil North America LLC and Lukoil Americas Corporation, (collectively, ‘‘LIG Entities’’) that are ordinarily incident and necessary to the purchase of goods and services from, or the maintenance, operation, or wind down of, physical retail service stations located outside of the Russian Federation, are authorized through 12:01 a.m. eastern daylight time, April 29, 2026. (b) All blocked accounts of LIG Entities may be used, debited, or credited for the transactions authorized in paragraph (a). (c) This general license does not authorize: (1) Any transactions prohibited by Directive 2 under E.O. 14024, Prohibitions Related to Correspondent or Payable-Through Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions; (2) Any transactions prohibited by Directive 4 under 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; (3) Any transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR), including transactions involving any person blocked pursuant to the RuHSR other than the LIG Entities described in paragraph (a) of this general license, unless separately authorized; or (4) The transfer of funds to any person or account located in the Russian Federation. (d) Effective December 4, 2025, General License No. 128A, dated November 14, 2025, is replaced and superseded in its entirety by this General License No. 128B. Bradley T. Smith, Director, Office of Foreign Assets Control. Dated: December 4, 2025. Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2026–04086 Filed 2–27–26; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 587 Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 131B AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of a web general license. SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 131B, which was previously made available on OFAC’s website. DATES: GL 131B was issued on January 14, 2026. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Regulatory Affairs, 202–622–4855; or https:// ofac.treasury.gov/contact-ofac. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: https:// ofac.treasury.gov/. Background On January 14, 2026, OFAC issued GL 131B to authorize certain transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. This GL was made available on OFAC’s website (https://ofac.treasury.gov) when it was issued. GL 131B replaced and superseded GL 131A. GL 131B has an expiration date of February 28, 2026. The text of this GL is provided below. VerDate Sep<11>2014 15:52 Feb 27, 2026 Jkt 268001 PO 00000 Frm 00031 Fmt 4700 Sfmt 4700 E:\FR\FM\02MRR1.SGM 02MRR1 khammond on DSK9W7S144PROD with RULES