OFAC Extends General License Related to Lukoil International
The Office of Foreign Assets Control this week extended a Russia-related general license that authorizes certain transactions for the negotiation of and entry into contingent contracts for the sale of Lukoil International GmbH -- the international business of Russian energy…
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firm Lukoil -- and related maintenance activities. General License 131B, which replaces 131A, now expires at 12:01 a.m. ET Feb. 28. The license was scheduled to expire Jan. 17.