On February 18, 2020, OFAC designated Rosneft Trading S.A. (“Rosneft Trading”) to the SDN List pursuant to E.O. 13850 for operating in the oil sector of the Venezuelan economy. In addition to Rosneft Trading, OFAC also designated to the SDN List Didier Casimiro, Rosneft Trading’s Vice President for Refining, Petrochemical, Commerce and Logistics. Mr. Casimiro was designated for acting or purporting to act on behalf of Rosneft Trading.
To read the full Client Alert, click HERE.