Rule · OFAC · 11 Jun 2026 · 20260611
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General Licenses 55F and 115D to authorize specific services and transactions related to Sakhalin-2 and existing civil nuclear energy projects. OFAC updated the Specially Designated Nationals and Blocked Persons List by adding Cuba's state-owned oil and gas company Unión Cuba-Petróleo (CUPET) and removing two Russian individuals, Sergey Aleksandrovich Maltsev and Olga Borisovna Raikes. The agency also amended eight Russia-related Frequently Asked Questions and modified the listing for Vend Ore GmbH to remove a link to Olga Borisovna Raikes.
Release Date
06/11/2026
Press Release Link
Sanctioning Cuba's State-Owned Oil and Gas Company Unión Cuba-Petróleo
Recent Actions Body
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 55F , "Authorizing Certain Services Related to Sakhalin-2;" and Russia-related General License 115D , "Authorizing Certain Transactions Related to Existing Civil Nuclear Energy Projects." Additionally, OFAC is amending eight Russia-related Frequently Asked Questions, FAQs 967, 978, 999, 1011, 1117, 1182, 1203, and 1216 . Lastly, OFAC has updated the Specially Designated Nationals and Blocked Persons List. Specially Designated Nationals List Updates The following entity has been added to OFAC's SDN List:
UNION CUBA PETROLEO (a.k.a. CUPET), Avenida Salvador Allende No. 666, Entre Oquendo y Soledad, Havana 10300, Cuba; Organization Established Date 25 Mar 1992; Target Type State-Owned Enterprise; Entity Code 2605 (Cuba) [CUBA-EO14404]. The following deletions have been made to OFAC's SDN List:
MALTSEV, Sergey Aleksandrovich (Cyrillic: МАЛЬЦЕВ, Сергей Александрович), Russia; DOB 28 Feb 1973; POB Solikamsk, Perm, Russia; nationality Russia; Gender Male; Secondary sanctions risk: See Section 11 of Executive Order 14024. (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA). RAYKES, Olga Borisovna (a.k.a. RAIKES, Olga Borisovna), 13/38 Tarmav Street, Rishon Lezion 7529025, Israel; Austria; Singapore; Pokrovka 35-17-1-17, Moscow 105062, Russia; DOB 25 Apr 1984; POB Ekaterinburg, Russia; nationality Russia; alt. nationality Israel; Gender Female; Secondary sanctions risk: See Section 11 of Executive Order 14024.; Passport 759916267 (Russia) expires 28 Jan 2029; alt. Passport 32392042 (Israel) issued 16 May 2018 expires 15 May 2023 (individual) [RUSSIA-EO14024]. RAIKES, Olga Borisovna (a.k.a. RAYKES, Olga Borisovna), 13/38 Tarmav Street, Rishon Lezion 7529025, Israel; Austria; Singapore; Pokrovka 35-17-1-17, Moscow 105062, Russia; DOB 25 Apr 1984; POB Ekaterinburg, Russia; nationality Russia; alt. nationality Israel; Gender Female; Secondary sanctions risk: See Section 11 of Executive Order 14024.; Passport 759916267 (Russia) expires 28 Jan 2029; alt. Passport 32392042 (Israel) issued 16 May 2018 expires 15 May 2023 (individual) [RUSSIA-EO14024]. The following changes have been made to OFAC's SDN List:
VEND ORE GMBH, Novaragasse 55/4B, Vienna 1020, Austria; Secondary sanctions risk: See Section 11 of Executive Order 14024.; Organization Established Date 26 Sep 2019 [RUSSIA-EO14024] (Linked To: RAYKES, Olga Borisovna; Linked To: SAVELOV, Marat Maratovich). -to- VEND ORE GMBH, Novaragasse 55/4B, Vienna 1020, Austria; Secondary sanctions risk: See Section 11 of Executive Order 14024.; Organization Established Date 26 Sep 2019 [RUSSIA-EO14024] (Linked To: SAVELOV, Marat Maratovich). Unrelated Administrative List Changes:
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