December 20, 2018: Almost there: one more set of extensions for Deripaska company General Licenses

Temporary Extension of Ukraine-related General Licenses

Today OFAC extended the expiration date of two general licenses related to GAZ Group by issuing General License No. 13I – Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in Certain Blocked Persons, and General License No. 15D – Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts.

General License 13I now expires on March 7, 2019 for GAZ Group, and on January 21 for EN+ Group and United Company Rusal. General License 15D applies only to GAZ Group, and now expires on March 7th as well.

Links:

OFAC Notice

General License 13I

General License 15D

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