The Office of Foreign Assets Control (OFAC) has extended the expiration dates of two general licenses related to Gaz Group:

Ukraine-related General License No. 13M– Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in Certain Blocked Persons (now extended to March 31, 2020)

Ukraine-related General License No. 15G​– Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts with GAZ Group, and Certain Automotive Safety and Environmental Activities (now extended to March 31, 2020)

Treasury Notice: