OFAC Issues General License Authorizing Certain Transactions with Respect to Petroleum Importations from the Russian Federation

CSMS #51260049 - OFAC Issues General License Authorizing Certain Transactions with Respect to Petroleum Importations from the Russian Federation U.S. Customs and Border Protection sent this bulletin at 03/09/2022 06:34 PM EST   Cargo Systems Messaging Service CSMS #51260049 - OFAC Issues General License Authorizing Certain Transactions with Respect to Petroleum Importations from the Russian Federation The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued GENERAL LICENSE NO.16: ”Authorizing Transactions Related to Certain Imports Prohibited by Executive Order of March 8, 2022, Prohibiting Certain Imports and New Investments With Respect to Continued Russian Federation Efforts to Undermine the Sovereignty and Territorial Integrity of Ukraine.”   Part A of this general license states, “all transactions prohibited by Executive Order (EO) of March 8, 2022, Prohibiting Certain Imports and New Investments With Respect to Continued Russian Federation Efforts to Undermine the Sovereignty and Territorial Integrity of Ukraine, that are ordinarily incident and necessary to the importation into the United States of crude oil; petroleum; petroleum fuels, oils, and products of their distillation; liquefied natural gas; coal; and coal products of Russian Federation origin pursuant to written contracts or written agreements entered prior to March 8, 2022 are authorized through 12:01 a.m. eastern daylight time, April 22, 2022.” IMPORTANT and FOR IMMEDIATE EFFECT: CBP will therefore be requiring filers of entries or admissions to Foreign Trade Zones for shipments of crude oil; petroleum; petroleum fuels, oils, and products of their distillation; liquefied natural gas; coal; and coal products of Russian Federation origin to provide purchase orders and/or executed contracts and/or any other documentation showing when the order and/or contract went into effect. Such documentation will be required through 12:01 a.m. eastern daylight time, April 22, 2022, after which General License No. 16 expires and EO issued March 8, 2022 takes full effect. The full general license can be accessed here https://home.treasury.gov/system/files/126/russia_gl16.pdf CBP intends to require this documentation prior to unlading of the conveyances and will place holds on both unlading and cargo pending verification of the required information.  This information should be provided to CBP at the port of entry where the cargo is intended to be unladen and should include conveyance information, bill of lading number(s) and entry number(s) or FTZ admission information.  CBP encourages the submission of the proof required under GL 16 as soon as possible, preferably prior to arrival, to prevent any undue delays at ports for qualifying shipments.  Additional contact information and process may be provided, and this guidance will be updated appropriately. In addition, effective immediately, shipments of crude oil; petroleum; petroleum fuels, oils, and products of their distillation; liquefied natural gas; coal; and coal products of Russian Federation origin are not authorized for direct delivery privilege until further notice.  Admission via a CBP Form 214 or electronic equivalent will be required for the duration of this EO.  CBP expects trade partners to continue to be proactive in identifying shipments subject to the EO and the General License and to provide appropriate documentation to ensure compliance.    Update your subscriptions, modify your password or e-mail address, or stop subscriptions at any time on your Subscriber Preferences Page . You will need to use your e-mail address to log in. If you have questions or problems with the subscription service, please contact subscriberhelp.govdelivery.com . This service is provided to you at no charge by U.S. Customs and Border Protection . Privacy Policy | GovDelivery is providing this information on behalf of U.S. Department of Homeland Security, and may not use the information for any other purposes. Powered by Privacy Policy | Cookie Statement | Help