OFSI extends General Licence for Lukoil Bulgaria entities’ business operations
The Office of Financial Sanctions Implementation (OFSI) has extended General Licence INT/2025/7895596, which permits the continuation of business operations with Lukoil Bulgaria entities. The licence will now expire on 13 August 2026. The licence was originally issued on 14 November 2025 under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019, SI 2019/855, and was subsequently amended on 20 November 2025 to extend its scope to aviation and bunker subsidiaries. OFSI has also updated FAQ 173 of its UK Financial Sanctions FAQs to reflect the extension.