---
title: New OFAC designations signal continued U.S. sanctions pressure on Russia
date: 2018-01-29T12:06:07-05:00
author: Import Bot
canonical_url: "https://www.kelleydrye.com/viewpoints/blogs/trade-and-manufacturing-monitor/new-ofac-designations-signal-continued-u-s-sanctions-pressure-on-russia"
section: Blog Posts
---
# New OFAC designations signal continued U.S. sanctions pressure on Russia

 January 29, 2018

 

 

 

 

 

 

Last week, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) blacklisted [21 individuals and nine entities](https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20180126.aspx) for various reasons, including involvement in the ongoing conflict in eastern Ukraine, connections to the Crimea region (which is subject to a complete U.S. embargo), and links to the Russian government. Several of the newly minted Specially Designated Nationals (SDNs), including Russian engineering company Technopromexport, were allegedly involved in [diverting Siemens-made gas turbines to Crimea](https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20180126.aspxhttps:/www.ustrademonitor.com/2017/07/siemens-cracks-down-on-russian-sanctions-evasion/) in potential violation of European Union sanctions rules. OFAC also added twelve subsidiaries of Surgutneftegaz to the Sectoral Sanctions Identification List, clarifying that the entities are subject to the energy-sector sanctions described in [Directive 4 to E.O. 13662](https://www.treasury.gov/resource-center/sanctions/Programs/Documents/eo13662_directive4_20171031.pdf).

The new sanctioned parties are a sign of continuing U.S. pressure on Russia to implement the Minsk agreements and help end the conflict in Ukraine. The designations also came just before today’s statutory deadline [to implement new sanctions](https://www.lawfareblog.com/russia-sanctions-upcoming-deadlines-loom-horizon) on Russia, which include the release of the ​“Kremlin Report” or ​“oligarch list” that will name Kremlin-connected Russian nationals and their overseas assets and business interests. We will provide an update when and if that list is released.

 

 **Tags:** [Russia](https://www.kelleydrye.com/viewpoints/blogs/trade-and-manufacturing-monitor/tags/russia)

 

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