Russian oil and gas field added to sanctions list

Global Publication August 7, 2015

On 7 August 2015, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) published a final rule adding a Russian oil and gas field, the Yuzhno-Kirinskoye Field located in the Sea of Okhotsk, to the Entity List maintained in the Export Administration Regulations, 15 C.F.R. Parts 730-774 (EAR). According to the Federal Register, the field was added as it is reported to contain reserves of oil in addition to gas.

Recent publications

Subscribe and stay up to date with the latest legal news, information and events...