Notice2022-09564
Notice of Department of State Sanctions Actions Pursuant to the Countering America's Adversaries Through Sanctions Act (CAATSA) and the Protecting Europe's Energy Security Act (PEESA), as amended
Primary source
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Published
May 4, 2022
Effective
January 19, 2021
Issuing agencies
State Department
Abstract
The Secretary of State has imposed sanctions on one entity and identified one vessel as blocked property pursuant to the Countering America's Adversaries Through Sanctions Act (CAATSA) and the Protecting Europe's Energy Security Act (PEESA), as amended.
Full Text
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<title>Federal Register, Volume 87 Issue 86 (Wednesday, May 4, 2022)</title>
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[Federal Register Volume 87, Number 86 (Wednesday, May 4, 2022)]
[Notices]
[Pages 26385-26386]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-09564]
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DEPARTMENT OF STATE
[Public Notice 11668]
Notice of Department of State Sanctions Actions Pursuant to the
Countering America's Adversaries Through Sanctions Act (CAATSA) and the
Protecting Europe's Energy Security Act (PEESA), as amended
SUMMARY: The Secretary of State has imposed sanctions on one entity and
identified one vessel as blocked property pursuant to the Countering
America's Adversaries Through Sanctions Act (CAATSA) and the Protecting
Europe's Energy Security Act (PEESA), as amended.
DATES: The Secretary of State's determination and selection of certain
sanctions to be imposed upon the one entity and one vessel identified
in the SUPPLEMENTARY INFORMATION section pursuant to CAATSA were
effective on January 19, 2021 and the Secretary of State's
determination and imposition of sanctions to be imposed upon the one
entity and one vessel identified in the SUPPLEMENTARY INFORMATION
section pursuant to PEESA were effective on February 22, 2021.
FOR FURTHER INFORMATION CONTACT: Anthony Musa, <a href="/cdn-cgi/l/email-protection#9bf6eee8e8faffdbe8effaeffeb5fcf4ed"><span class="__cf_email__" data-cfemail="452830363624210536312431206b222a33">[email protected]</span></a>, Phone:
(202) 647-1925.
SUPPLEMENTARY INFORMATION: Pursuant to Section 232 of Countering
America's Adversaries Through Sanctions Act (CAATSA), as delegated, the
Secretary of State, in consultation with the Secretary of the Treasury,
the Secretary of Commerce, the Secretary of Homeland Security, and the
United States Trade Representative, and with the President of the
Export-Import Bank, the Chairman of the Board of Governors of the
Federal Reserve System, and other agencies and officials as
appropriate, is authorized to impose on a person any of the sanctions
described in Section 232 of Countering America's Adversaries Through
Sanctions Act (CAATSA) upon determining that the person met any
criteria set forth in sections 232(a)(1)-232(c) of Countering America's
Adversaries Through Sanctions Act (CAATSA).
Pursuant to Section 7503(a)(1)(A) of PEESA, as amended, the
Secretary of State, in consultation with the Secretary of the Treasury,
shall submit every 90 days a report to the appropriate congressional
committees that identifies vessels that engaged in pipe-laying or pipe-
laying activities at depths of 100 feet or more below sea level for the
construction of the Nord Stream 2 pipeline project, the Turkstream
pipeline project, or any project that is a successor to either such
project. Pursuant to Section 7503(a)(1)(B) of PEESA, as amended, the
Secretary of State, in consultation with the Secretary of the Treasury
shall also include in the report foreign persons that the Secretary of
State, in consultation with the Secretary of the Treasury, determines
have knowingly sold, leased, or provided, or facilitated selling,
leasing, or providing, those vessels for the construction of such a
project. Pursuant to Section 7503(c) of PEESA, as delegated, the
Secretary of the Treasury, in consultation with the Secretary of State,
shall exercise all powers granted to the President by the International
Emergency Economic Powers Act to the
[[Page 26386]]
extent necessary to block and prohibit all transactions in all property
and interests in property of any person identified under subsection
(a)(1)(B) of PEESA if such property and interests in property are in
the United States, come within the United States, or are or come within
the possession or control of a United States person.
The Secretary of State has determined, pursuant to Section
232(a)(1) of Countering America's Adversaries Through Sanctions Act
(CAATSA), that KVT-RUS, has knowingly, on or after July 15, 2020, made
an investment described in subsection (b), or sold, leased, or provided
to the Russian Federation, for the construction of Russian energy
export pipelines, goods, services, technology, information, or support
described in subsection (c), any of which has a fair market value of
$1,000,000 or more, or that during a 12 month period, have an aggregate
fair market value of $5,000,000 or more.
The Secretary of State has additionally determined, pursuant to
Section 7503(a)(1)(B)(i) of Protecting Europe's Energy Security Act
(PEESA), as amended, that KVT-RUS, has knowingly, on or after January
1, 2021, sold, leased, or provided, or facilitated selling, leasing, or
providing, a vessel that engaged in pipe-laying or pipe-laying
activities at depths of 100 feet or more below sea level for the
construction of the Nord Stream 2 pipeline project.
Pursuant to sections 232(a)(1) and 235 of Countering America's
Adversaries Through Sanctions Act (CAATSA) and E.O. 13849, the
Secretary of State has selected the following sanctions to be imposed
upon KVT-RUS:
<bullet> Order the United States Government not to issue any
specific license and not to grant any other specific permission or
authority to export any goods or technology to KVT-RUS (section
235(a)(2));
<bullet> Prohibit any transactions in foreign exchange that are
subject to the jurisdiction of the United States and in which KVT-RUS
has any interest (section 235(a)(7));
<bullet> Prohibit any transfers of credit or payments between
financial institutions or by, through, or to any financial institution,
to the extent that such transfers or payments are subject to the
jurisdiction of the United States and involve any interest of KVT-RUS
(section 235(a)(8));
<bullet> Prohibit any person from acquiring, holding, withholding,
using, transferring, withdrawing, transporting, importing, or exporting
any property that is subject to the jurisdiction of the United States
and with respect to which KVT-RUS has any interest (section
235(a)(9)(A); dealing in or exercising any right, power, or privilege
with respect to such property (section 235(a)(9)(B)); or conducting any
transaction involving such property (section 235(a)(9)(C));
<bullet> Prohibit any United States person from investing in or
purchasing significant amounts of equity or debt instruments of KVT-RUS
(section 235(a)(10);
<bullet> Block all property and interests in property of KVT-RUS
that are in the United States, that hereafter come within the United
States, or that are or hereafter come within the possession or control
of any United States person, and provide that such property and
interests in property may not be transferred, paid, exported,
withdrawn, or otherwise dealt in (E.O. 13849 Section 1(a)(iv)).
Pursuant to Section 7503(c) of PEESA, as amended, Sections
232(a)(1) and 235 of CAATSA, and E.O. 13849, KVT-RUS has been added to
the Specially Designated Nationals and Blocked Persons List.
All property and interests in property of KVT-RUS subject to U.S.
jurisdiction are blocked.
The following vessels subject to U.S. jurisdiction are blocked:
Fortuna (IMO 8674156)
Whitney Baird,
Principal Deputy Assistant Secretary of State, Bureau of Economic and
Business Affairs, Department of State. Bureau of Economic and Business
Affairs, Department of State.
[FR Doc. 2022-09564 Filed 5-3-22; 8:45 am]
BILLING CODE 4710-AE-P
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