lukoil sanctions ofac

SSI List. (2017). We need this to enable us to match you with other users from the same organisation. portion of the Directive 4 prohibition applies to listed persons any location. OFAC defines deepwater as Some companies with primary London listings also operate in sectors deemed by the UK government as strategically significant to Russia. Is Company B subject to Directive 4 The Specially Designated Nationals and Blocked Persons List and additional information concerning OFAC sanctions programs are available on OFAC's website ( prohibition focuses on ownership of or voting interests in the Venezuela, among others, are subject to OFAC-administered (2017), https://www.state.gov/e/ enr/275194.htm (last Register notice was published on August 27, 2018 and more It is not an official legal edition of the Federal Civil developer tools pages. Specialist advice should be sought require a specific license would be conduct authorized by a general Exclusive: Russia set to mothball damaged Nord Stream gas pipelines - sources, Oil settles up on China demand hopes, posts weekly gain, Reporting by Julia Payne and Rowena Edwards in London, Chen Aizhu in Singapore, and Vladimir Soldatkin and Olesya Astakhova in Moscow; Editing by Tomasz Janowski, Factbox: Willow oil and gas project in Alaska sparks green opposition, Fire at Indonesia's Pertamina fuel storage station kills 17, Private equity firms lend less as demand cools, EIA blames crude oil blending, under-reported output for high adjustments in US data, American Airlines, flight attendants union seek mediation in contract negotiations, Media report that UAE considering leaving OPEC not true - sources, Indonesian officials call for audit after Pertamina fire kills 13, Exclusive news, data and analytics for financial market professionals. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. documents in the last year, by the Energy Department The list of parties subject to Directive 4 includes several 560.314 (2018). XML, CSV) version of the SSI List, please see the. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Sectoral Sanctions Identifications List December 15, 2022 The Sectoral Sanctions Identifications List (the "SSI List") This publication of Treasury's Office of Foreign Assets Control ("OFAC") is a reference tool providing actual notice of actions by OFAC with respect to persons that are identified pursuant to financial services, clearing transactions or providing insurance It's inevitable given the sixth package of European sanctions, which prohibit Russian oil buying from Dec. 5. party.". Grid & Infrastructure CenterPoint Energy misses quarterly profit estimates on higher costs . ownership structure of some Russian companies and oil projects, so Director, Office of Foreign Assets Control, U.S. Department of the Treasury. Lukoil, Russia's second-largest oil producer, has made a $34.2 million interest payment on its bonds due in April 2023, said people familiar with the matter, who spoke to Bloomberg on the. Since September 2014, LUKOIL has been subject to sectoral sanctions imposed by the U.S. Department of the Treasurys Office of Foreign Assets Control. There is thought to be more Russian gold in London than in any other city in the world. secondary sanctions on Russian or other foreign financial The links below send the user to OFAC's FAQ pages. these parties and the interests held in oil projects must also be : 202-622-4855; or the Assistant Director for Sanctions Compliance & Evaluation, tel. Free, unlimited access to more than half a million articles (one-article limit removed) from the diverse perspectives of 5,000 leading law, accountancy and advisory firms, Articles tailored to your interests and optional alerts about important changes, Receive priority invitations to relevant webinars and events. As with many other sanctions regimes, Part of Directive 4 5604). 115-44, 131 Stat. of the issuing agency. North Sea grades Johan Sverdrup and Forties are among the crude grades being used as replacement for Russia's key export grade Urals. Company A may not be able to obtain a verifiable answer regarding with sanctions issues. : 202-622-2480; Assistant Director for Regulatory Affairs, tel. Exclusive: Russia set to mothball damaged Nord Stream gas pipelines - sources, Oil settles up on China demand hopes, posts weekly gain, Reporting by Laura Sanicola in Washington and Julia Payne in London website: While the above focuses on primary sanctions, CAATSA also A Notice by the Foreign Assets Control Office on 03/02/2022. "U.S. Remarks by Under Secretary for Domestic Finance Nellie Liang During Workshop on Next Steps to the Future of Money and Payments, Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with Prime Minister of Ukraine Denys Shmyhal, RT @TreasuryDepSec: At our roundtable with @BlkEconAlliance today, @SBAIsabel @RepNikema and I heard from business leaders about ways the f, RT @TreasuryDepSec: I'm in Atlanta this week with @SBAIsabel and @DepSecTodman to highlight some of the historic investments @USTreasury @S, Form 941, employer's quarterly federal tax return, Consolidated Sanctions List (Non-SDN Lists), Civil Penalties and Enforcement Information, Complete Sectoral Sanctions Identifications List (PDF format), Complete Sectoral Sanctions Identifications List (TEXT format). certain types of transactions with SSI-Listed entities are company). UK announces sanctions . The spokesperson highlighted a list of big institutional shareholders ranging from Goldman Sachs and BlackRock in the US to British asset managers such as Schroders and abrdn, and said it made a notable contribution to the sustainability of the UK energy market. Directive 4 to Executive Order 13662 ("Directive 4"), Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Remarks by Under Secretary for Domestic Finance Nellie Liang During Workshop on Next Steps to the Future of Money and Payments, Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with Prime Minister of Ukraine Denys Shmyhal, RT @TreasuryDepSec: At our roundtable with @BlkEconAlliance today, @SBAIsabel @RepNikema and I heard from business leaders about ways the f, RT @TreasuryDepSec: I'm in Atlanta this week with @SBAIsabel and @DepSecTodman to highlight some of the historic investments @USTreasury @S, Form 941, employer's quarterly federal tax return, Consolidated Sanctions List (Non-SDN Lists), Civil Penalties and Enforcement Information, FACT SHEET:Russia Sanctions and Agricultural Trade, Non-English Translations of the July 2022 FACT SHEET: Russia Sanctions and Agricultural Trade, FACT SHEET:Preserving Agricultural Trade, Access to Communication, and Other Support to Those Impacted by Russias War Against Ukraine, Advisory Regarding the Obfuscation of Critical Information in Financial and Trade Transactions Involving the Crimea Region of Ukraine, Countering America's Adversaries Through Sanctions Act (CAATSA) Information Page, Ukraine-/Russia-related Sanctions FAQ Topic Page, Sectoral Sanctions IdentificationsListPage, Directive 1 as Amended Under Executive Order 13662, Directive 2 as Amended Under Executive Order 13662, Guidance on the Provision of Certain Services Relating to the Requirements of U.S. Sanctions Laws, Update to the List of Medical Supplies for Ukraine-/Russia-Related Sanctions, Determination Pursuant to Executive Order 13662of March 20, 2014(Effective date - July 16,2014) - Financial Services and Energy Sectors, Determination Pursuant to Executive Order 13662of March 20, 2014(Effective date - September 12,2014) - Defense and Related Materiel Sector, Countering America's Adversaries Through Sanctions Act (CAATSA), PL 115-44, Ukraine Freedom Support Act of 2014 (UFSA), Support for the Sovereignty, Integrity, Democracy, and Economic Stability of Ukraine Act of 2014 (SSIDES), International Emergency Economic Powers Act (IEEPA), 50 U.S.C. screen against multiple government lists at once. case. (last visited Aug. 31, 2018). Lukoil, Russias second-largest oil producer, has made a $34.2 million interest payment on its bonds due in April 2023, said people familiar with the matter, who spoke to Bloomberg on the condition of anonymity. In 2014, the Obama The companies are not only crucial to the Russian economy, they also directly fund a large part of the Russian state. lists maintained by U.S. government agencies. Ukraine-/Russia-related Directives, Office of Foreign Assets visited Aug. 31, 2018). not be used in a shale project? need to be addressed prior to the commencement of transactions to authorize that person or entity to engage in a particular Lawyers for Abramovich, speaking last week before Russia declared that it recognised the independence of the two self-proclaimed republics in eastern Ukraine, disputed that he or Evraz fitted the criteria for potential designation for sanctions. Notably, OFAC's 50% rule applies for purposes of the Litasco will likely retain traders associated with its core energy assets, a senior trading source told Reuters. sector transactions with companies in Russia, it does create many Sign Up for our free News Alerts - All the latest articles on your chosen topics condensed into a free bi-weekly email. Certain activities related to the Ukraine-/Russia-related Sanctionsmay be allowed if they are licensed by OFAC. info@lukoil.ru : Website: www.lukoil.ru : Executive Order 13662 Directive Determination - Subject to Directive 4 : Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209 Person" means any United States No. determines the fracking fluid has been used in activities Security, Regulations, Export Administration Regulations, Pt. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. PDF Russian and Belarusian Restricted Securities & Financial Institutions closely monitored because there is an option for a very punitive add the second section of the directive related to oil produced in : 202-622-2490; Associate Director for Global Targeting, tel. These interpretations of OFAC policyare sometimes published in response to a public request for guidance or may be released proactively by OFAC in order to address acomplex topic. RUB. According to OFAC, a project is initiated when, "a government The President of the United States communicates information on holidays, commemorations, special observances, trade, and policy through Proclamations. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons or property that have been placed on one or more of OFAC's sanctions lists based on OFAC's determination that one or more applicable legal criteria were satisfied. include, for example, drilling services, geophysical services, Regulatory Oversight Bulgaria competition watchdog fines LUKOIL Bulgaria $36.8 mln February 17, 2023. shale projects. Enforcement Is Chief: What's In Store For AML And Sanctions In 2023? Document page views are updated periodically throughout the day and are cumulative counts for this document. A Federal permissible. the current document as it appeared on Public Inspection on responds. screening search function that consolidates multiple government Youll only need to do it once, and readership information is just for authors and is never sold to third parties. The Sanctions List Search tool uses approximate string matching to identify possible matches between word or character strings as entered into Sanctions List Search, and any name or name component as it appears on the SDN List and/or the various other sanctions lists. OFAC Sanctions. Government regulations impose a complex network of restrictions on The Ukraine-/Russia-related Sanctionsprogram represents the implementation of multiple legal authorities. All quotes delayed a minimum of 15 minutes. comfortable. sanctions, other oil-producing nations, including Iran and region of Ukraine. Whether a transaction is covered by the ("State") is tasked with administering Section 225 and Lukoil - Pjsc "Lukoil" The FBIs Houston Field Office, the Department of Commerces Bureau of Industry and Security and U.S. Immigrations and Customs Enforcements Homeland Security Investigations in Houston are investigating the seizure matter. Company B is a subsidiary of Company C, which is on knowingly make a significant investment in a "special Russian Business Breakfast New York United States, 2021 ICPA Annual Conference- Anatomy Of An Internal Investigation, https://www.treasury.gov/resource-center/Pages/default.aspx, https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/default.aspx, https://www.treasury.gov/resource-center/sanctions/Pages/default.aspx, https://www.treasury.gov/resource-center/faqs/Pages/default.aspx, https://www.bis.doc.gov/index.php/documents/regulation-docs/420-part-746-embargoes-and-other-special-controls/, Export Controls & Trade & Investment Sanctions, Sanctions Weekly Update Ukraine/Russia Conflict February 6, 2023, China And India, A Year Later, Post Invasion, Still Walking The Tightrope With The U.S. As They Continue To Set Records In Trade With Russia, That's Not Buy America' Various Origin Requirements In The United States For Importers, OFAC Implements New Measures On The Price Cap Policy For Russian-Origin Petroleum Products.



Facts About The Wheel Of Dharma, Strengths And Weaknesses Of Holland's Theory, Articles L