U.S. uses expanded version of sanctions on Yuzhno-Kirinskoye Field
The U.S. expanded its sanctions against Russia today, announcing that it would be adding the Yuzhno-Kirinskoye Field in the Sea of Okhotsk, to the Entity List maintatined in the Export Administration Regulations, 15 C.F.R. Parts 730-774 (EAR). As a result of the decision, the exportation, reexportation, or in-country transfer to this field of any item subject to the EAR requires a license from the Bureau of Industry and Security (BIS), according to law firm Baker & McKenzie...


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