Russia-related Designations, Designations Updates, and Designations Removals; Issuance of Russia-related General Licenses

The Office of Foreign Assets Control (OFAC) has published a press statement to inform about new sanction measures. Specifically, the Office added numerous individuals, firms, and vessels to its Specially Designated Nationals and Blocked Persons List (SDN List) pursuant to Executive Order 14024 which was signed by President Joseph Biden in 2021 and subsequently amended to install sanction measures for engagements in or being responsible for „harmful foreign activities of Russia“. The parties were designated for being engaged in activities facilitating or benefiting from the war against Ukraine. Due to the large number of sanctioned ships, persons, and entities, we refrain from listing their names and relating information individually at this point. Please refer to the enclosed document for detailed identifying information.
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Furthermore, OFAC has removed two persons from its Russia-related sanctions list which are no longer subject to asset freezing measures. The affected individuals are the following:
ALYMOVA, Natalya Andreevna (Cyrillic: АЛЫМОВА, Наталья Андреевна), Russia; DOB 27 Feb 1979; POB Moscow, Russia; nationality Russia; Gender Female (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA).
GOLDFINCH, Paul Andrew, Russia; Latvia; DOB Oct 1970; nationality New Zealand; Gender Male (individual) [RUSSIA-EO14024] (Linked To: PUBLIC JOINT STOCK COMPANY BANK FINANCIAL CORPORATION OTKRITIE).
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OFAC has also modified the records of several already sanctioned entities as follows:
FORTUNA (UBDP8) Russia flag; Vessel Registration Identification IMO 8674156 (vessel) [CAATSA – RUSSIA] [PEESA] (Linked To: KVT-RUS). -to- FORTUNA (UBDP8) Russia flag; Vessel Registration Identification IMO 8674156 (vessel) [CAATSA – RUSSIA] [PEESA-EO14039] (Linked To: KVT-RUS).
GAZ GROUP, 88 Lenin Avenue, Nizhny Novgorod 603950, Russia; 15/1 Rochdelskaya Str., Moscow 123022, Russia; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209 [UKRAINE-EO13661] [UKRAINE-EO13662] (Linked To: DERIPASKA, Oleg Vladimirovich; Linked To: RUSSIAN MACHINES). -to- GAZ GROUP (a.k.a. GAZ JSC; a.k.a. GAZ PAO), 88 Lenin Avenue, Nizhny Novgorod 603950, Russia; 15/1 Rochdelskaya Str., Moscow 123022, Russia; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Organization Established Date 1929; Tax ID No. 5200000046 (Russia); Registration Number 1025202265571 (Russia) [UKRAINE-EO13661] [UKRAINE-EO13662] [RUSSIA-EO14024] (Linked To: DERIPASKA, Oleg Vladimirovich; Linked To: RUSSIAN MACHINES).
KVT-RUS (Cyrillic: КВТ-РУС) (a.k.a. KBT-RUS; a.k.a. KVT-RUS LLC; a.k.a. KVT-RUS, OOO (Cyrillic: ООО, КВТ-РУС); a.k.a. LIMITED LIABILITY COMPANY KVT-RUS (Cyrillic: ОБЩЕСТВО С ОГРАНИЧЕННОЙ ОТВЕТСТВЕННОСТЬЮ КВТ-РУС)), 6,2 Pudovkina St., Moscow 119285, Russia; CAATSA Section 235 Information: EXPORT SANCTIONS Sec. 235(a)(2); alt. CAATSA Section 235 Information: FOREIGN EXCHANGE. Sec 235(a)(7); alt. CAATSA Section 235 Information: BANKING TRANSACTIONS. Sec 235(a)(8); alt. CAATSA Section 235 Information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY. Sec 235(a)(9); alt. CAATSA Section 235 Information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON. Sec 235(a)(10); Tax ID No. 7729675572 (Russia); Business Registration Number 1117746121899 (Russia) [CAATSA – RUSSIA] [PEESA]. -to- KVT-RUS (Cyrillic: КВТ-РУС) (a.k.a. KBT-RUS; a.k.a. KVT-RUS LLC; a.k.a. KVT-RUS, OOO (Cyrillic: ООО, КВТ-РУС); a.k.a. LIMITED LIABILITY COMPANY KVT-RUS (Cyrillic: ОБЩЕСТВО С ОГРАНИЧЕННОЙ ОТВЕТСТВЕННОСТЬЮ КВТ-РУС)), 6,2 Pudovkina St., Moscow 119285, Russia; CAATSA Section 235 Information: EXPORT SANCTIONS Sec. 235(a)(2); alt. CAATSA Section 235 Information: FOREIGN EXCHANGE. Sec 235(a)(7); alt. CAATSA Section 235 Information: BANKING TRANSACTIONS. Sec 235(a)(8); alt. CAATSA Section 235 Information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY. Sec 235(a)(9); alt. CAATSA Section 235 Information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON. Sec 235(a)(10); Tax ID No. 7729675572 (Russia); Business Registration Number 1117746121899 (Russia) [CAATSA – RUSSIA] [PEESA-EO14039].
LIMITED LIABILITY COMPANY PERM OIL MACHINE COMPANY, Ul. Teknicheskaya D. 5, Perm 614070, Russia; Organization Established Date 11 Jun 1996; Tax ID No. 7727653358 (Russia); Registration Number 1087746698137 (Russia) [RUSSIA-EO14024]. -to- LIMITED LIABILITY COMPANY PERM OIL MACHINE COMPANY, Ul. Teknicheskaya D. 5, Perm 614070, Russia; Organization Established Date 11 Jun 1996; Tax ID No. 5906999380 (Russia); Registration Number 1145958033055 (Russia) [RUSSIA-EO14024].
PJSC POWER MACHINES (a.k.a. OPEN JOINT STOCK COMPANY POWER MACHINES – ZTL, LMZ, ELECTROSILA, ENERGOMACHEXPORT; a.k.a. PUBLICHNOE AKTSIONERNOE OBSHCHESTVO SILOVYE MASHINY – ZTL, LMZ, ELEKTROSILA, ENERGOMASHEKSPORT; a.k.a. SILOVYE MASHINY, PAO), 3A Vatutina St., St. Petersburg 195009, Russia; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Registration ID 1027700004012 (Russia) [UKRAINE-EO13685]. -to- JSC POWER MACHINES (a.k.a. OPEN JOINT STOCK COMPANY POWER MACHINES – ZTL, LMZ, ELECTROSILA, ENERGOMACHEXPORT; f.k.a. PJSC POWER MACHINES; a.k.a. PUBLICHNOE AKTSIONERNOE OBSHCHESTVO SILOVYE MASHINY – ZTL, LMZ, ELEKTROSILA, ENERGOMASHEKSPORT; a.k.a. SILOVYE MASHINY, PAO), 3A Vatutina St., St. Petersburg 195009, Russia; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Registration ID 1027700004012 (Russia); Tax ID No. 7702080289 (Russia) [UKRAINE-EO13685] [RUSSIA-EO14024].
RUSATOM ADDITIVE TECHNOLOGIES (a.k.a. „RUSAT“ (Cyrillic: „РУСАТ“)), Kashirskoe Sh. 49, P. 61, Floor 8, Room 3, Moscow 115409, Russia; Tax ID No. 7724424381 (Russia); Registration Number 1027705012400 (Russia) [RUSSIA-EO14024]. -to- RUSATOM ADDITIVE TECHNOLOGIES (a.k.a. „RUSAT“ (Cyrillic: „РУСАТ“)), Kashirskoe Sh. 49, P. 61, Floor 8, Room 3, Moscow 115409, Russia; Tax ID No. 7724424381 (Russia); Registration Number 5177746230547 (Russia) [RUSSIA-EO14024].
KRIOGENMASH OAO (a.k.a. CRYOGENMASH; a.k.a. OPEN JOINT-STOCK COMPANY KRIOGENNOGO MASHINOSTROYENIA), 67, Lenin Avenue, Balashikha, Moscow Region 143907, Russia; 36 Lenina Prospekt, Balashikha G. 143907, Russia; Website www.cryogenmash.ru; Executive Order 13662 Directive Determination – Subject to Directive 1; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Registration ID 1025000513878; Tax ID No. 5001000066; For more information on directives, please visit the following link: https://www.treasury.gov/resource-center/sanctions/Programs/Pages/ukraine.aspx#directives [UKRAINE-EO13662] (Linked To: GAZPROMBANK JOINT STOCK COMPANY). -to- KRIOGENMASH OAO (a.k.a. CRYOGENMASH; a.k.a. CRYOGENMASH JOINT STOCK COMPANY; f.k.a. OPEN JOINT STOCK COMPANY CRYOGENMASH; a.k.a. OPEN JOINT-STOCK COMPANY KRIOGENNOGO MASHINOSTROYENIA; a.k.a. PUBLICHNOE AKTSIONERNOE OBSCHESTVO KRIOGENNOGO MASHINOSTROENIYA), 67, Lenin Avenue, Balashikha, Moscow Region 143907, Russia; 36 Lenina Prospekt, Balashikha G. 143907, Russia; Website www.cryogenmash.ru; Executive Order 13662 Directive Determination – Subject to Directive 1; Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209; Organization Established Date 03 Oct 1945; Registration ID 1025000513878 (Russia); Tax ID No. 5001000066 (Russia); Government Gazette Number 05747985 (Russia); For more information on directives, please visit the following link: https://www.treasury.gov/resource-center/sanctions/Programs/Pages/ukraine.aspx#directives [UKRAINE-EO13662] [RUSSIA-EO14024] (Linked To: GAZPROMBANK JOINT STOCK COMPANY).
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Finally, OFAC has issued two new licenses in relation to (financial) transactions pertaining to the maritime transport of crude oil and in relation to the new sanction measures to enable the wind-down of certain (financial) transactions with specified entities, respectively. Specifically, OFAC issued new
– General License 55A which permits transactions and services „related to the maritime transport of crude oil originating from the Sakhalin-2 project“ to Japan; and
– General License 72 which permits (financial) transactions concerning newly sanctioned
– Joint Stock Company Russian Copper Company;
– Joint Stock Company United Metallurgical Company;
– Transmashholding JSC;
– Joint Stock Company Avtovaz;
– Joint Stock Company Moscow Automotive Factory Moskvich;
– Limited Liability Company Machine Building Plant Tonar;
– Publichnoe Aktsionernoe Obschestvo Sollers;
– Arctic Transshipment Limited Liability Company; or
– any subsidiary (interest of 50% or more)
up to December 13, 2023 provided that any payments to these firms are made into blocked accounts.
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OFAC has also published an accompanying statement specifying the reasons for the new sanction measures.