US Treasury extends general license on Russia’s Sakhalin-2 oil and gas project

WASHINGTON (Reuters) -The U.S. Treasury Department on Wednesday extended a Russia-related general license authorizing some transactions with the Sakhalin-2 oil and gas project.

The general license authorizes the transactions through 12:01 a.m.

ET on December 19, 2025.

(Reporting by Kanishka Singh and Ismail Shakil)

tagreuters.com2025binary_LYNXMPEL5H11Y-VIEWIMAGE

Close Bitnami banner
Bitnami