Sanctions and international policySingle source
US renews sanctions exemptions for Lukoil’s foreign assets
The US Treasury has renewed authorisations covering Russian oil giant Lukoil’s foreign petrol stations and four subsidiaries in Bulgaria. The exemptions allow certain business operations to continue but bar transfers of funds to Russia.
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The US Treasury has renewed sanctions authorisations covering Russian oil company Lukoil’s foreign petrol stations and four of its subsidiaries in Bulgaria.
The exemptions allow certain operations involving those assets to continue. They also prohibit transfers of funds to Russia.
Authorisations for Bulgarian assets
The decision applies to four Lukoil subsidiaries in Bulgaria and the company’s overseas petrol stations. The source does not specify how long the renewed authorisations will remain in force or which operations are permitted.
What we know
- The US renewed authorisations for Lukoil’s overseas petrol stations and four subsidiaries in Bulgaria.
- The exemptions allow certain business operations involving the assets to continue.
- Transfers of funds to Russia remain prohibited.
Trust: Single source
- The story relies on one publisher. A second independent confirmation has not been established from the cited sources.
- Sources: Українська правда.
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