WASHINGTON, November 15. /TASS/. The US Department of the Treasury has extended licenses allowing certain transactions with Lukoil involving its foreign assets from November 21 to December 13, despite sanctions imposed by Washington, according to general licenses published by the Treasury Department.
On October 22, the Department of the Treasury announced restrictions against Rosneft and Lukoil. It also published a number of general licenses then. According to these documents, until November 21, certain operations aimed at terminating interactions with companies and structures controlled by them were permitted.
According to the amended licenses, operations to purchase goods and services at Lukoil facilities outside Russia, as well as operations necessary to wind down their operations, are allowed until December 13. Transactions required for negotiations on the acquisition or transfer of Lukoil International GmbH, which owns Lukoil's foreign assets, are also permitted before the said deadline. The implementation of such agreements will require separate permission from the Office of Foreign Assets Control of the US Department of the Treasury.
Moreover, one of the licenses authorizes transactions related to Lukoil's subsidiaries in Bulgaria until April 29, 2026. This applies to Lukoil Neftohim Burgas JSC, Lukoil Bulgaria EOOD, Lukoil Aviation Bulgaria EOOD, and Lukoil Bulgaria Bunker EOOD.
