Imposing Further Sanctions in Response to Russia’s Illegal War Against Ukraine (State Dep't Press Statement)

Date issued: Sep. 14 2023

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TURBOFAC Commentary (872 words)

Notes:

1) On 9-15-23 OFAC and the State Department, respectively, released With Wide-Ranging New Sanctions, Treasury Targets Russian Military-Linked Elites and Industrial Base (OFAC Press Release) and Imposing Further Sanctions in Response to Russia’s Illegal War Against Ukraine (State Dep't Press Statement).

Both of these press releases contain information on designations that appear to meet our criteria for classification as "quasi secondary sanctions" actions. See Introductory Note Common to all Derivative Designation Notices Included in the Research System for details on those criteria.

2) Notes Specific to This Press Statement:

(i) Without further elaboration, the State Department sanctioned "Green Energy Solutions" for providing services to Russia's Arctic LNG project that "were previously provided by European service companies". It is not clear whether this would meet the TURBOFAC "quasi secondary sanctions"...