December 14, 2025: New Version of Russia-related GL 131, and updated FAQs

Today, OFAC issued Russia-related General License 131B – identical to 131A, except that the expiration date got moved to end of February.

Two Frequently Asked Questions got updated – 1224:

1224. What negotiations does Russia-related General License 131B authorize, and what transaction conditions will OFAC consider when evaluating requests for further authorization to effectuate a sale of Lukoil International GmbH (LIG) assets?

and 1225:

1225. What activities do Russia-related General License 128B and General License 131B authorize related to Lukoil International GmbH (LIG)?

Both were changed to refer to the new version of the GL, of course.

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