By Maya Lester KC & Michael O’Kane

OFAC updates Nord Stream 2 listings

OFAC has amended the designation of Russia-based entity KVT-RUS and its vessel FORTUNA to reflect their additional listings under the Protecting Europe’s Energy Security Act (PEESA), which was enacted in the NDAA 2020 and expanded thereafter (see post and post). In January 2021, the company and vessel were added to the SDN list under section 232 of CAATSA (see post). …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

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