US Treasury extends general license on Russia's Sakhalin-2 oil and gas project
Published by Global Banking & Finance Review®
Posted on June 18, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on June 18, 2025
1 min readLast updated: January 23, 2026
The US Treasury has extended the general license for transactions with Russia's Sakhalin-2 oil and gas project until December 2025.
WASHINGTON (Reuters) -The U.S. Treasury Department on Wednesday extended a Russia-related general license authorizing some transactions with the Sakhalin-2 oil and gas project.
The general license authorizes the transactions through 12:01 a.m. ET on December 19, 2025.
(Reporting by Kanishka Singh and Ismail Shakil)
The U.S. Treasury Department extended a general license authorizing some transactions with the Sakhalin-2 oil and gas project.
The general license authorizes transactions through 12:01 a.m. ET on December 19, 2025.
The information was reported by Kanishka Singh and Ismail Shakil.
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