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The United States has extended the license to operate with Lukoil


The US has extended Lukoil International GmbH's license to deal with Lukoil and its subsidiaries until January 17, 2026, the US Treasury Department said in a filing.


"Except (d), all transactions prohibited by Executive Order (EO) 14024 that are generally incidental and necessary for the sale, disposition, or transfer of Lukoil Oil Company, a public limited company, or any of its subsidiaries, Lukoil International GmbH ("LIG"), or any entity in which LIG directly or indirectly owns 50% or more of its interest, individually or in the aggregate. . . . are allowed until January 17, 2026 at 12:01 a.m. EST," the document said.


The previous license for activities related to the sale of Lukoil's international business expired on December 13.

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