GL-130

Superseded

Authorizing Transactions Involving Certain Lukoil Entities in Bulgaria

Status
Superseded
Program
RUSSIA-EO14024
Authorization
energy_transactions
Effective
2025-11-14
Expires
2026-04-29
Superseded by
GL-130A

Machine-extracted. The summary, conditions, and reporting fields on this page were extracted by AI from the official document. Rely on the official OFAC General License, not this page.

Summary

General License No. 130 authorizes all transactions otherwise prohibited by Executive Order 14024 that involve four specific Lukoil entities incorporated in Bulgaria, as well as any entity 50 percent or more owned by those entities. The authorization is time-limited, running through 12:01 a.m. eastern daylight time on April 29, 2026. Transactions involving other blocked Lukoil affiliates or any other person blocked under the RuHSR remain prohibited unless separately authorized.

Authorized activities

  • All transactions prohibited by E.O. 14024 involving Lukoil Neftohim Burgas JSC
  • All transactions prohibited by E.O. 14024 involving Lukoil Bulgaria EOOD
  • All transactions prohibited by E.O. 14024 involving Lukoil Aviation Bulgaria EOOD
  • All transactions prohibited by E.O. 14024 involving Lukoil Bulgaria Bunker EOOD
  • All transactions prohibited by E.O. 14024 involving any entity in which one or more of the above persons own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest

Conditions

The license does not authorize any transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR), including transactions involving any person blocked pursuant to the RuHSR, including any other blocked affiliates of Public Joint-Stock Company Oil Company Lukoil other than the four named entities (and their 50%-or-more-owned subsidiaries), unless separately authorized.

Read the official OFAC General License ↗