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The important clarification from the US authorities came this week, after more than a month of uncertainty regarding the operation of Lukoil affiliated entities in Europe.
According to a document published by the Office of Foreign Assets Control (OFAC) of the US Treasury Department, issued on November 19, one of the recent licenses issued by Washington explicitly covers the current activities of companies in the Lukoil International GmbH (LIG) group.
Among these is the Petrotel refinery in Ploiesti.
The clarification comes in the context of the fact that the parent company Lukoil was added, in October, to the list of entities sanctioned by the US.
Automatically, all the companies controlled by it came under the same regime.
The measure created a wave of confusion in several European countries, including Romania, where there was fear that the Ploiesti refinery could be forced to stop its activity due to financial and trade restrictions.
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