By Maya Lester KC & Michael O’Kane

OFAC delists 2 Russian companies

OFAC has delisted 2 Russian entities, Independent Petroleum Company (IPC) and its subsidiary AO NNK-Primornefteproduct, which were originally listed for shipping $1m worth of petroleum products to North Korea. OFAC Notice. OFAC’s press release says that they have been delisted because IPC’s parent company, Alliance Oil Company, has (1) ceased all export activities to N Korea, and (2) launched a …

RussiaRussia North KoreaNorth Korea United StatesUnited States

About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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