Russia-related General License 128D, "Authorizing Certain Transactions Involving Lukoil Retail Service Stations Located Outside of Russia."

Date issued: Oct. 15 2026

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TURBOFAC Commentary (527 words)

Notes:

[10-15-26 Update - GL expiration date extended]

1) This GL expands on two prior iterations (see PDF).

2) Read in conjunction with FAQ # 1225 (interpreting this GL and Russia-related GL 131).

3) LIG is PJSC Lukoil’s primary holding company through which it owns assets outside of Russia.

4) As of 10-23-25, there were apparently over 100 LUKOIL gas stations operating in the U.S. (https://lukoilamericas.com/en/ForMotorists/PetrolStations). Many are not owned by Lukoil, but instead franchises owned by independent non-sanctioned operators whose contractual obligations vis-à-vis Lukoil are unclear. Prior iterations of this GL applied to dealings with “Lukoil Retail Service Stations” which was defined to mean “physical retail service stations located outside the Russian Federation and in existence on or before October...