New OFSI General Licence INT/2025/7895596 issued and 1 FAQ added

Office of Financial Sanctions Implementation HM Treasury

New OFSI General Licence INT/2025/7895596, Continuation of Business of Lukoil Bulgaria Entities issued and 1 FAQ added

On 14 November 2025, OFSI issued General Licence INT/2025/7895596 under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 (“the Russia Regulations”) which allows for the continuation of business operations with the Lukoil Bulgaria Entities.

Any persons intending to use General Licence INT/2025/7895596 should consult the copy of the Licence for full details of the definition, permissions, and usage requirements.

FAQ 173 has been added to address if business operations with Lukoil Bulgaria EOOD and Lukoil Neftochim Burgas AD can continue as normal with regard to UK financial sanctions.

To see the General Licence

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