[Federal Register Volume 78, Number 113 (Wednesday, June 12, 2013)]
[Presidential Documents]
[Page 35537]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-14131]


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  Federal Register / Vol. 78, No. 113 / Wednesday, June 12, 2013 / 
Presidential Documents  

[[Page 35537]]


                Presidential Determination No. 2013-10 of June 5, 2013

                
Presidential Determination Pursuant to Section 
                1245(d)(4)(B) and (C) of the National Defense 
                Authorization Act for Fiscal Year 2012

                Memorandum for the Secretary of State[,] the Secretary 
                of the Treasury[, and] the Secretary of Energy

                By the authority vested in me as President by the 
                Constitution and the laws of the United States, after 
                carefully considering the report submitted to the 
                Congress by the Energy Information Administration on 
                April 25, 2013, and other relevant factors, including 
                global economic conditions, increased oil production by 
                certain countries, and the level of spare capacity, I 
                determine, pursuant to section 1245(d)(4)(B) and (C) of 
                the National Defense Authorization Act for Fiscal Year 
                2012, Public Law 112-81, and consistent with my 
                determinations of March 30, 2012, June 11, 2012, and 
                December 7, 2012, that there is a sufficient supply of 
                petroleum and petroleum products from countries other 
                than Iran to permit a significant reduction in the 
                volume of petroleum and petroleum products purchased 
                from Iran by or through foreign financial institutions.

                I will closely monitor this situation to ensure that 
                the market can continue to accommodate a reduction in 
                purchases of petroleum and petroleum products from 
                Iran.

                The Secretary of State is authorized and directed to 
                publish this memorandum in the Federal Register.
                
                
                    (Presidential Sig.)

                THE WHITE HOUSE,

                    Washington, June 5, 2013.

[FR Doc. 2013-14131
Filed 6-11-13; 11:15 am]
Billing code 4710-10