GL-128D

Summary

This license authorizes all transactions prohibited by E.O. 14024 that are ordinarily incident and necessary to the purchase of goods and services from, or the maintenance, operation, or wind down of, physical retail service stations located outside of Russia involving Lukoil International GmbH (LIG) and its majority-owned subsidiaries (collectively, 'LIG Entities'), including Lukoil North America LLC and Lukoil Americas Corporation. Blocked accounts of LIG Entities may also be used, debited, or credited for these authorized transactions. The authorization is time-limited and expires at 12:01 a.m. eastern daylight time, April 24, 2027.

Authorized activities

• Purchase of goods and services from physical retail service stations located outside of Russia involving LIG Entities
• Maintenance of physical retail service stations located outside of Russia involving LIG Entities
• Operation of physical retail service stations located outside of Russia involving LIG Entities
• Wind down of physical retail service stations located outside of Russia involving LIG Entities
• Use, debit, or credit of blocked accounts of LIG Entities for the above transactions

Conditions

The license does not authorize: (1) transactions prohibited by Directive 2 under E.O. 14024 (correspondent or payable-through accounts); (2) transactions prohibited by Directive 4 under E.O. 14024 (Central Bank of Russia, National Wealth Fund, and Ministry of Finance of Russia); (3) any transactions otherwise prohibited by the RuHSR, including those involving persons blocked under the RuHSR other than the specified LIG Entities, unless separately authorized; or (4) the transfer of funds to any person or account located in the Russian Federation.