[Federal Register Volume 87, Number 96 (Wednesday, May 18, 2022)]
[Presidential Documents]
[Page 30383]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-10840]



[[Page 30381]]

Vol. 87

Wednesday,

No. 96

May 18, 2022

Part III





The President





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Presidential Determination No. 2022-12 of May 12, 2022--Presidential 
Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National 
Defense Authorization Act for Fiscal Year 2012
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  Federal Register / Vol. 87 , No. 96 / Wednesday, May 18, 2022 / 
Presidential Documents  

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 Title 3--
 The President

[[Page 30383]]

                Presidential Determination No. 2022-12 of May 12, 2022

                
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 Treas- ury[, 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 reports submitted to the 
                Congress by the Energy Information Administration, 
                including the report submitted in April 2022, and other 
                relevant factors, including global economic conditions, 
                the level of spare capacity, and the availability of 
                strategic reserves, 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 prior determinations, 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 continue to monitor this situation closely.

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

                THE WHITE HOUSE,

                    Washington, May 12, 2022

[FR Doc. 2022-10840
Filed 5-17-22; 11:15 am]
Billing code 4710-10-P