Treasury Eases Sanctions: Lukoil Gas Stations Get Temporary Lifeline
Published Date: 3/2/2026
Rule
Summary
The U.S. Treasury just made it official: certain business deals with Lukoil’s gas stations outside Russia are allowed until April 29, 2026. This update replaces the old rules and lets companies keep those stations running or close them down without breaking sanctions. If you’re handling money or services for Lukoil’s international outlets, this license is your new go-to guide.
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Previous / Next Documents
Previous: 2026-04085, Publication of Russian Harmful Foreign Activities Sanctions Regulations and Web General License 131A
The Treasury’s Office of Foreign Assets Control (OFAC) published General License 131A, allowing certain deals to negotiate and enter contracts for selling parts of Russian oil company Lukoil until January 17, 2026. This helps businesses work around sanctions but only if they get special approval before finalizing any sales. The license replaced an earlier one and has now expired, marking important deadlines for affected companies.
Next: 2026-04087, Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 124A, 126, 127, and 128
The Treasury Department just made official four special permissions (called general licenses) that let certain businesses do some activities with Russian oil projects that were previously banned. These changes mainly affect companies linked to the Caspian Pipeline and Tengizchevroil projects, with one license replacing an older one and three others now expired. If you’re involved in these areas, keep an eye on the dates and rules to avoid any money troubles!