US issues new Russia-related GL for transactions related to Caspian Pipeline Consortium or Tengizvhevroil projects

16 May 2025

US issues new Russia-related GL for transactions related to Caspian Pipeline Consortium or Tengizvhevroil projectssharpner/Shutterstock.com

OFAC has issued  Russia-related General License 124, which authorises certain transactions related to the Caspian Pipeline Consortium or Tengizvhevroil projects. OFAC updated its FAQ 1216 ‘What action has Treasury taken with regard to the...

Subscribe for full access Login
Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

More

Footer