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UK Exempts Kazakh Oil Transit Via Russia's Transneft From Sanctions Until 2028
(MENAFN- Trend News Agency) ** ASTANA, Kazakhstan, March 20.** The UK has excluded the transit of Kazakh oil via Russia’s Transneft from its sanctions regime until March 18, 2028, Trend reports via the UK government.
This exemption is stipulated in a general license issued by the UK’s Office of Financial Sanctions Implementation (OFSI), which becomes effective on March 19, 2026, and remains valid until March 18, 2028.
The license authorizes activities including payments and transactions related to the supply, purchase, transportation, or delivery of Kazakh oil, provided that the oil is not owned by any individual or entity linked to Russia, and that it is loaded in, departing from, or transiting through Russian territory.
This decision facilitates the continued transit of Kazakh crude through Russian infrastructure operated by Transneft, without violating UK sanctions.
On February 24, 2026, the UK imposed a comprehensive sanctions package against Russia, which included adding Transneft to its sanctions list.
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