Washington extends deadline for completion of operations with Russian banks on energy deals

The US Treasury announced an extension of the deadline for completing energy deals with Russian banks under US sanctions until May 15, 2023.

The US Department of the Treasury said in a statement that the decision applies to transactions with the Central Bank of Russia, Finance Economy Bank, Shelter, Sofcombank, Sberbank, VTB, Alfa-Bank and any other institutions that own specified banks with a share of 50% or more.

The previous US decision required all transactions to be completed by December 5th.

The US Department of the Treasury clarified that energy transactions include transactions related to the extraction, production, processing and liquefaction of energy resources, fuel production, as well as the transportation or purchase of hydrocarbon raw materials, including crude oil, natural gas, gas condensate, petroleum products and others. energy carriers.

It is noteworthy that the United States imposed sanctions against the Russian energy sector and major Russian banks against the background of the Russian military operation in Ukraine, which began in February last year.

Source: TASS

Related Stories

Leave a Reply