OFAC FAQ #1012 · Russian Harmful Foreign Activities Sanctions
Do I have to wind down energy-related transactions by the expiration date of Russia-related General License (GL) 8L?
OFAC's answer
On January 10, 2025, the Office of Foreign Assets Control (OFAC) amended [GL 8L](https://ofac.treasury.gov/media/933791/download?inline) to authorize the wind-down of energy-related transactions through 12:01 a.m. eastern daylight time, March 12, 2025. OFAC issued [GL 115A](https://ofac.treasury.gov/media/933881/download?inline) to authorize transactions related to civil nuclear energy involving certain sanctioned Russian financial institutions, including those listed in [GL 8L](https://ofac.treasury.gov/media/933791/download?inline). Updated: January 10, 2025