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The U.S. has allowed some operations with Russian banks and the Central Bank.

Наталья Маркова • • Economy
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The U.S. Department of the Treasury, through the Office of Foreign Assets Control (OFAC), has granted permission for operations related to civilian nuclear energy with several Russian banks, as well as with the Central Bank and the National Clearing Center.

Additionally, the U.S. Treasury has extended until June 18, 2026, the authorization for transactions related to the export of oil produced under the Sakhalin-2 project to Japan. In June 2025, the license will be valid until December 19.

The Sakhalin-2 project has been implemented since 1994 by the offshore company Sakhalin Energy Investment Company Ltd. In 2022, about 60% of the liquefied gas produced under this project was directed to Japan. In June 2022, by the decree of Russian President Vladimir Putin, the project operator was transferred under Russian jurisdiction.
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