In addition, the exemption allowing some of Lukoil’s retail filling stations to operate outside Russia was extended until October 29, 2026. The extension of the deadline is intended to ensure compliance with the sanctions regime with an orderly sale of assets. The previous “deadline” was May 1.
“Lukoil” agreed to sell Lukoil International GmbH, which manages foreign assets, after falling under US sanctions in October 2025. The license permits negotiations and agreements, but the actual transfer of assets and closing of the transaction require separate OFAC approval. In addition, the license continues to prohibit any transfer of funds to persons or accounts located in the Russian Federation.
Lukoil gas stations in Moldova
In Moldova, the operation of Lukoil gas stations is governed by a separate license No. 128C issued by the U.S. Department of the Treasury on April 14, 2026. It allows the chain to continue retail sales to avoid a fuel crisis in the country. Retail sales are allowed until October 29, 2026.
The Moldovan government has authorized the company to purchase fuel domestically from other importers to ensure uninterrupted supplies, especially in rural areas where Lukoil is often the only supplier. The network operates approximately 102-106 gas stations (about 20% of the market) and three oil depots.
As a reminder, the state has already repossessed Lukoil-Moldova’s assets at the airport (fuel terminal) to guarantee the security of aviation kerosene supplies.
The ban on transfers in favor of the parent company in Russia is still in effect – all proceeds must remain in the country. The extension of the license until October gives time to complete the deal on the sale of assets in Moldova to a new owner. Among the contenders mentioned is the same American Carlyle Group, which has now extended its license for the sale of assets until May 30.
