Opportunity
Federal Register #2026-20014
OFAC authorizes specified transactions involving Lukoil International GmbH
Buyer
Treasury Department, Office of Foreign Assets Control
Posted
September 30, 2026
Identifier
2026-20014
This Treasury OFAC notice authorizes limited transactions involving Lukoil-related entities; it does not announce a procurement opportunity. - Government office: U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC). - Entities named: Public Joint-Stock Company Oil Company Lukoil, Lukoil International GmbH, and qualifying affiliates. - OFAC is publishing General Licenses 131E, 131F, and 131G under the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. - The licenses authorize specified negotiations and contingent contracts for the sale, disposition, or transfer of Lukoil International GmbH-related entities, plus certain maintenance or wind-down activities. - Contract performance requires separate OFAC authorization. Certain transactions remain prohibited, including transfers of funds to persons or accounts in the Russian Federation. - No products or services are being requested; no quantities, part numbers, or procurement value are provided.
Description
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing General Licenses 131E, 131F, and 131G under the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. Each license had previously been made available on OFAC's website. The licenses authorize specified transactions related to negotiating and entering contingent contracts for the sale, disposition, or transfer of Lukoil International GmbH and related maintenance or wind-down activities. The licenses were issued successively between April and June 2026, with each replacing and superseding the previous license.