[Federal Register Volume 87, Number 241 (Friday, December 16, 2022)]
[Rules and Regulations]
[Pages 76931-76932]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-27235]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 587


Publication of Russian Harmful Foreign Activities Sanctions 
Regulations Determination and Web General Licenses 55, 56, and 57

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of determination and web general licenses.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing a determination issued pursuant to an 
April 6, 2022 Executive order, which was previously made available on 
OFAC's website. OFAC is also publishing three general licenses (GLs) 
issued pursuant to the Russian Harmful Foreign Activities Sanctions 
Regulations: GLs 55, 56, and 57, each of which was previously made 
available on OFAC's website.

DATES: The determination issued pursuant to section 1(a)(ii) of 
Executive Order 14071 was issued on November 21, 2022. See 
SUPPLEMENTARY INFORMATION for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for 
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 
202-622-4855; or Assistant Director for Sanctions Compliance & 
Evaluation, 202-622-2490.

SUPPLEMENTARY INFORMATION: 

Electronic Availability

    This document and additional information concerning OFAC are 
available on OFAC's website: www.treas.gov/ofac.

Background

    On April 6, 2022, the President, invoking the authority of, inter 
alia, the International Emergency Economic Powers Act (50 U.S.C. 1701 
et seq.) (IEEPA), issued Executive Order (E.O.) 14071, ``Prohibiting 
New Investment in and Certain Services to the Russian Federation in 
Response to Continued Russian Federation Aggression'' (87 FR 20999, 
April 8, 2022). Among other prohibitions, section 1(a)(ii) of E.O. 
14071 prohibits the exportation, reexportation, sale, or supply, 
directly or indirectly, from the United States, or by a United States 
person, wherever located, of any category of services as may be 
determined by the Secretary of the Treasury, in consultation with the 
Secretary of State, to any person located in the Russian Federation.
    On November 21, 2022, the Secretary of the Treasury, in 
consultation with the Secretary of State, issued a category of services 
determination pursuant to E.O. 14071, ``Prohibitions on Certain 
Services as They Relate to the Maritime Transport of Crude Oil of 
Russian Federation Origin.'' OFAC made this determination available on 
its website (www.treas.gov/ofac) on November 22, 2022. The 
determination takes effect at 12:01 a.m. eastern standard time on 
December 5, 2022. The text of this determination is provided below.
    Also on November 22, 2022, OFAC issued GLs 55, 56, and 57 to 
authorize certain transactions otherwise prohibited by the Russian 
Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. At 
the time of their issuance, OFAC made GLs 55, 56, and 57 available on 
its website (www.treas.gov/ofac). The text of these GLs is provided 
below.

Determination Pursuant to Section (1)(a)(ii) of Executive Order 14071

Prohibitions on Certain Services as They Relate to the Maritime 
Transport of Crude Oil of Russian Federation Origin

    Pursuant to sections 1(a)(ii), 1(b), and 5 of Executive Order 
(E.O.) 14071 of April 6, 2022 (``Prohibiting New Investment in and 
Certain Services to the Russian Federation in Response to Continued 
Russian Federation Aggression''), the Secretary of the Treasury, in 
consultation with the Secretary of State, hereby determines that the 
prohibitions in section 1(a)(ii) of E.O. 14071 shall apply to the 
following categories of services as they relate to the maritime 
transport of crude oil of Russian Federation origin (collectively, 
the ``Covered Services''):
     Trading/commodities brokering;
     Financing;
     Shipping;
     Insurance, including reinsurance and protection and 
indemnity;
     Flagging; and
     Customs brokering.
    As a result, the following activities are prohibited, except to 
the extent provided by law, or unless licensed or otherwise 
authorized by the Office of Foreign Assets Control: the exportation, 
reexportation, sale, or supply, directly or indirectly, from the 
United States, or by a United States person, wherever located, of 
any of the Covered Services to any person located in the Russian 
Federation.
    Notwithstanding that prohibition, the Covered Services are 
hereby authorized when the price of the crude oil of Russian 
Federation origin does not exceed the relevant price cap determined 
by the Secretary of the Treasury, in consultation with the Secretary 
of State.
    The prohibitions on Covered Services in this determination shall 
take effect beginning at 12:01 a.m. eastern standard time on 
December 5, 2022. This determination excludes Covered Services with 
respect to crude oil of Russian Federation origin when such crude 
oil is loaded onto a vessel at the port of loading prior to 12:01 
a.m. eastern standard time on December 5, 2022, and unloaded at the 
port of destination prior to 12:01 a.m. eastern standard time on 
January 19, 2023.
    This determination does not authorize any transactions otherwise 
prohibited by the Russian Harmful Foreign Activities Sanctions 
Regulations, 31 CFR part 587 (RuHSR), including transactions 
involving any person blocked pursuant to the RuHSR, unless 
separately authorized.

Janet L. Yellen,

    November 21, 2022.

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 
587

GENERAL LICENSE NO. 55

Authorizing Certain Services Related to Sakhalin-2

    (a) Except as provided in paragraph (b) of this general license, 
all transactions prohibited by the determination of November 21, 
2022 made pursuant to section 1(a)(ii) of Executive Order 14071 
(``Prohibitions on Certain Services as They Relate to the Maritime 
Transport of Crude Oil of Russian Federation Origin'') related to 
the maritime transport of crude oil originating from the Sakhalin-2 
project (``Sakhalin-2 byproduct'') are authorized through 12:01 a.m. 
eastern daylight time, September 30, 2023, provided that the 
Sakalin-2 byproduct is solely for importation into Japan.
    (b) This general license does not authorize any transactions 
otherwise prohibited by the Russian Harmful Foreign Activities 
Sanctions Regulations, 31 CFR part 587 (RuHSR), including 
transactions involving any person blocked pursuant to the RuHSR, 
unless separately authorized.

Andrea M. Gacki,

Director, Office of Foreign Assets Control.

    Dated: November 22, 2022.

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 
587

GENERAL LICENSE NO. 56

Authorizing Certain Services With Respect to the European Union

    (a) Except as provided in paragraph (b) of this general license, 
all transactions prohibited by the determination of November 21, 
2022 made pursuant to section 1(a)(ii) of Executive Order 14071 
(``Prohibitions on Certain Services as They Relate to the Maritime 
Transport of Crude Oil of Russian Federation Origin'') related to 
the

[[Page 76932]]

importation of crude oil into the Republic of Bulgaria, the Republic 
of Croatia, or landlocked European Union Member States as described 
in Council Regulation (EU) 2022/879 of June 3, 2022, are authorized.
    (b) This general license does not authorize any transactions 
otherwise prohibited by the Russian Harmful Foreign Activities 
Sanctions Regulations, 31 CFR part 587 (RuHSR), including 
transactions involving any person blocked pursuant to the RuHSR, 
unless separately authorized.

Andrea M. Gacki,

Director, Office of Foreign Assets Control.

    Dated: November 22, 2022.

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 
587

GENERAL LICENSE NO. 57

Authorizing Certain Services Related to Vessel Emergencies

    (a) Except as provided in paragraph (b) of this general license, 
all transactions prohibited by the determination of November 21, 
2022 made pursuant to section 1(a)(ii) of Executive Order 14071 
(``Prohibitions on Certain Services as They Relate to the Maritime 
Transport of Crude Oil of Russian Federation Origin'') that are 
ordinarily incident and necessary to addressing vessel emergencies 
related to the health or safety of the crew or environmental 
protection, including safe docking or anchoring, emergency repairs, 
or salvage operations, are authorized.
    (b) This general license does not authorize:
    (1) Any transactions related to the offloading of crude oil of 
Russian Federation origin, except for the offloading of crude oil 
that is ordinarily incident and necessary to address vessel 
emergencies authorized pursuant to paragraph (a) of this general 
license;
    (2) Any transactions related to the sale of crude oil of Russian 
Federation origin; or
    (3) Any transactions otherwise prohibited by the Russian Harmful 
Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR), 
including transactions involving any person blocked pursuant to the 
RuHSR, unless separately authorized.

Andrea M. Gacki,

Director, Office of Foreign Assets Control.

    Dated: November 22, 2022.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-27235 Filed 12-15-22; 8:45 am]
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