The U.S. Government Continues to Expand Its Sanctions on Venezuela and Russia

On March 12, 2020, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) sanctioned TNK Trading International S.A. (“TTI”), a subsidiary of the Russian energy company Rosneft, based on Executive Order (“E.O.”) 13850 authorizing sanctions on persons operating in certain sectors of the Venezuelan economy, including the oil sector. Specifically, OFAC sanctioned TTI for trading, processing, and transporting unrefined petroleum and petroleum products from Venezuela…

The U.S. Government Expands Its Sanctions on Nicaragua

Individuals and companies sanctioned by OFAC are added to the List of Specially Designated Nationals and Blocked Persons (“SDN List”). Accordingly, all of their property within or transiting U.S. jurisdiction is blocked. In addition, if they are not authorized by a general or specific license issued by OFAC, U.S. persons or foreigners that conduct business in or with the U.S., U.S. persons, or using U.S.-origin goods or services are prohibited from engaging in transactions with individuals and companies sanctioned under E.O. 13851 and the NHRAA, or with entities in which they have, directly or indirectly, 50% or greater ownership interest.

Правительство США расширяет санкции в отношении Венесуэлы и России

18 февраля 2020 года Управление по контролю за иностранными активами Министерства финансов США (OFAC) ввело санкции в отношении Роснефть Трейдинг С.А., дочерней компании российского энергетического гиганта ПАО «НК «Роснефть», за содействие в продаже и транспортировке сырой нефти из Венесуэлы в Западную Африку и Азию. OFAC также наложило санкции на президента Роснефть Трейдинг С.А. за поддержку указанной деятельности возглавляемой им компании.