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[Federal Register Volume 76, Number 65 (Tuesday, April 5, 2011)]
[Notices]
[Pages 18821-18822]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-8096]

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DEPARTMENT OF STATE

[Public Notice 7408]

Persons and Entities on Whom Sanctions Have Been Imposed Under 
the Iran Sanctions Act of 1996

AGENCY: Department of State.

ACTION: Notice.

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SUMMARY: The Secretary of State has determined that Belarusneft has 
engaged in a sanctionable investment described in section 5(a)(1) of 
the Iran Sanctions Act of 1996 (ISA) (50 U.S.C. 1701 note) and that 
certain sanctions should be imposed as a result.

DATES: Effective April 5, 2011.

FOR FURTHER INFORMATION CONTACT: On general issues: Brian Breuhaus, 
Office of Terrorism Finance and Economic Sanctions Policy, Department 
of State, Telephone: (202) 647-5763. For U.S. Government procurement 
ban issues: Kimberly Triplett, Office of the Procurement Executive, 
Department of State, Telephone: (703) 875-4079.

SUPPLEMENTARY INFORMATION: Pursuant to the authority delegated to the 
Secretary of State in the Presidential Memorandum of November 21, 1996, 
61 FR 64249 (the ``Delegation Memorandum''), the Secretary has 
determined that Belarusneft has engaged

[[Page 18822]]

in a sanctionable investment described in section 5(a) of the ISA, as 
in effect on the day before the date of enactment of the Comprehensive 
Iran Sanctions, Accountability, and Divestment Act of 2010 
(``CISADA''). Pursuant to section 5(a) of the ISA and the Delegation 
Memorandum, and consistent with section 102(h)(2) of CISADA, the 
Secretary has determined to impose on Belarusneft the following 
sanctions described in section 6 of the ISA:
    1. Export-Import Bank assistance for exports to sanctioned persons. 
The Export-Import Bank of the United States shall not give approval to 
the issuance of any guarantee, insurance, extension of credit, or 
participation in the extension of credit in connection with the export 
of any goods or services to Belarusneft.
    2. Export sanction. The United States Government shall not issue 
any specific license and shall not grant any other specific permission 
or authority to export any goods or technology to Belarusneft under--
    a. The Export Administration Act of 1979 (50 U.S.C. Appx. 
Sec. Sec.  2401 et seq.);
    b. The Arms Export Control Act (22 U.S.C. 2751 et seq.);
    c. The Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.); or
    d. Any other statute that requires the prior review and approval of 
the United States Government as a condition for the export or reexport 
of goods or services.
    3. Loans from United States financial institutions. United States 
financial institutions shall be prohibited from making loans or 
providing credits to Belarusneft totaling more than $10,000,000 in any 
12-month period unless Belarusneft is engaged in activities to relieve 
human suffering and the loans or credits are provided for such 
activities.
    4. Procurement sanction. The United States Government shall not 
procure, or enter into any contract for the procurement of, any goods 
or services from Belarusneft.
    These sanctions shall remain in effect until otherwise directed 
pursuant to the provisions of the ISA or other applicable authority. 
Pursuant to the authority delegated to the Secretary of State in the 
Delegation Memorandum, relevant agencies and instrumentalities of the 
United States Government are hereby directed to take all appropriate 
measures within their authority to carry out the provisions of this 
notice.
    The following constitutes a current, as of this date, list of 
persons on whom sanctions are imposed under the ISA. The particular 
sanctions imposed on an individual company are identified in the 
relevant Federal Register Notice.

--Belarusneft;
--Naftiran Intertrade Company (see Public Notice 7197, 75 Fed. Reg. 
62916, Oct. 13, 2010).

    Dated: March 29, 2011.
Jose Fernandez,
Assistant Secretary of State for Economic, Energy and Business Affairs, 
Department of State.
[FR Doc. 2011-8096 Filed 4-4-11; 8:45 am]
BILLING CODE 4710-07-P
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