GL-30

Expired

Authorizing Transactions Involving Gazprom Germania GmbH Prohibited by Directive 3 under Executive Order 14024

Status
Expired
Program
RUSSIA-EO14024
Authorization
energy_transactions
Effective
2022-05-02
Expires
2022-09-30

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. 30 authorizes all transactions involving Gazprom Germania GmbH, or any entity in which Gazprom Germania GmbH owns a 50 percent or greater interest (directly or indirectly), that are otherwise prohibited by Directive 3 under Executive Order 14024 (Prohibitions Related to New Debt and Equity of Certain Russia-related Entities). The authorization is time-limited, expiring at 12:01 a.m. eastern daylight time on September 30, 2022. It does not extend to transactions separately prohibited by the Russian Harmful Foreign Activities Sanctions Regulations (RuHSR), including those involving blocked persons, unless separately authorized.

Authorized activities

  • All transactions involving Gazprom Germania GmbH that are prohibited by Directive 3 under Executive Order 14024
  • All transactions involving any entity in which Gazprom Germania GmbH owns, directly or indirectly, a 50 percent or greater interest, that are prohibited by Directive 3 under Executive Order 14024

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, unless separately authorized.

Read the official OFAC General License ↗