Russia-related General License 107 - Authorizing Limited Safety and Environmental Transactions Involving Certain Blocked Persons or Vessels (August 23, 2024)

Date issued: Aug. 23 2024

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TURBOFAC Commentary (89 words)

Notes:

1) Compare GTSR General License 21 and Iran General License O, which are two other GLs aimed at authorizing, on a time-limited basis, certain transactions related to blocked vessels and their designated owners. Compare also Russia-related General License 96 (same type of GL issued prior to this one). This GL is substantively identical to Russia-related General License 96, except two carveouts relate to “liquefied natural gas” instead of “crude oil or petroleum products,” presumably due to information concerning what is on board the blocked vessels.