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Russia General License 8 (Energy) extended to December 5th (and updates the FAQs)

Issuance of Russia-related General License 8C; Publication of amended Russia-related Frequently Asked Questions

06/14/2022

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 8C, “Authorizing Transactions Related to Energy.” In addition, OFAC has published amended Frequently Asked Questions.

The obvious difference between GL8B and 8C is the new expiration date is December 5th, 2022.

Links:

OFAC Notice

General License 8C

Updated FAQs

Categories: Frequently Asked Questions (FAQ) Guidance Licenses OFAC Updates Russian Harmful Foreign Activities Sanctions

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