Russian Oil Services ban
Guidance, General Licences and reporting forms in relation to the Russian Oil Services ban and price cap
Documents
Details
Russian Oil Services Ban - HMT Guidance
Guidance for the UK ban on the provision of maritime transportation of, and associated services for the maritime transportation of, certain Russian oil and oil products.
OFSIGENERAL LICENCE – Oil Price capCap General LicenceINT/2022/2469656
A General LicenseLicence establishing the Oil Price Cap (INT/2022/2469656)
GENERAL LICENCE – WinddownOil Price Cap Wind-down INT/2022/2470256
Detail of the wind-down period for services associated with Russian oil.
GENERAL LICENCE – Correspondent banking and payment processing INT/2022/2470056
Detail on the financial services scope of the maritime services banban.
GENERAL LICENCE – Oil Price Cap: Exempt Projects and Countries INT/2022/2470156
A General Licence regarding the Sakhalin Island project
Guidance
Guidanceand onother theexempt Oil Price Capprojects.
Forms (Notifcation,(Notification, reporting, applications)
Reporting use of the Oil Price Cap General Licence INT/2022/2469656
This form is for those Tier 1 actors reporting use of General LicenseLicence INT/2022/2469656
Reporting use of the Oil Price Cap Wind-down General Licence INT/2022/2470256
This form is for those Tier 1 actors reporting use of General LicenseLicence INT/2022/2470256
Notification that Tier 1 Provider has not confirmed compliance with requirement to report to OFSI on use of Oil Price Cap WinddownGeneral Licence
Notification form for Tier 2 or 3 informing OFSI they have not been able to confirm Tier 1 usage of General Licence INT/2022/2469656; or notifying OFSI that they are dealing directly with a non-UK Tier 1 Provider.
Notification that Tier 1 Provider has not confirmed compliance with requirement to report to OFSI on use of Oil Price Cap Wind-down General Licence
Notification form for Tier 2 or 3 informing OFSI they have not been able to confirm Tier 1 usage of General LicenseLicence INT/2022/2470256INT/2022/2470256; or notifying OFSI that they are dealing directly with a non-UK Tier 1 Provider.
SimpleSample Attestation Form
Attestation form as agreed by G7 for reference
Licence Application form
This application form is for those applying for a specific OPC licence under the extraordinary situation licensing ground.
Notification for use of the exception when dealing with an emergency
Notification form for those reporting use of the exception when dealing with an emergency.
Breach reporting form
A form to report asuspected breachbreaches and compliance issues related to implementation of Thethe RussiaUK’s (Sanctions)ban (EUon Exit)the (Amendment)maritime (No.transportation 16)of RegulationsRussian 2022oil and oil products and associated services and the oil price cap
Last updated 8 December 2022 + show all updates
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Title corrections
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First published.
Update history
2026-01-15 11:40
General Licence INT/2024/4423849 amended to reflect new price cap.
2025-07-25 09:30
Tier 2/3 notification that Tier 1 Provider has not confirmed compliance with reporting requirements under INT/2022/2469656 form updated.
2025-07-18 17:05
General Licence INT/2024/4423849 amended.
2025-07-17 15:01
Online form link added.
2025-06-27 15:27
OFSI General Licence INT/2022/2470156 amended
2025-02-13 10:51
On 13 February 2025, General Licence INT/2024/4423849 was amended to add the Combined Nomenclature (CN) / Harmonized System (HS) commodity code, 2710 19 44, which sits alongside 2710 19 42 under “Premium to Crude”.
2025-01-29 15:21
OFSI General licence Oil Price Cap INT/2024/4423849 amended to update the Combined Nomenclature (CN) / Harmonized System (HS) commodity code for “Premium to Crude”, 2710 19 43, which now falls under 2710 19 42.
2024-11-21 10:31
Oil Price Cap (OPC) Advisory: Evasion Linked to Product Origin Manipulation Through Fabricated and Falsified Certificates of Origin (CO) added.
2024-10-22 16:15
Updated Price Cap Coalition Advisory for the Maritime Oil Industry and Related Sectors added’Details’ section updated
2024-06-28 17:42
OFSI has updated the Oil Price Cap Exempt Projects and Countries GL – INT/2022/2470156 and updated the associated publication notice.
2024-06-21 09:44
OFSI has upgraded the UK Maritime Services Ban and Oil Price Cap Industry Guidance into its new digital guidance format.
2024-05-24 13:21
OFSI has updated the Oil Price Cap General Licence – INT/2024/4423859 and updated the associated publication notice. This excludes the supply or delivery of Russian oil by, or provision of relevant services to, “specified ships”.OFSI has updated the Oil Price Cap Guidance in relation to ship specification in Section 4.1 and 4.2 and in relation to extraordinary situations in Section 4.4.
2024-03-08 16:00
The deadline for providing additional attestations or itemised ancillary costs has been increased from 28 days to 30 days.
2024-02-16 14:02
GENERAL LICENCE – Oil Price Cap INT/2024/4423849The new ‘Oil Price Cap’ General Licence (INT/2024/4423849)Updates to OFSI’s guidance in relation to the attestation model, with per-voyage attestations and itemised ancillary costs. The deadline for providing additional attestations or itemised ancillary costs has been reduced from 30 days to 28 days. The requirement to cease doing business with actors who refuse or fail to provide information has been clarified as being contract-specific and only applying to policies relating to the seaborne transportation of Russian oil and oil products.
2024-02-09 10:19
GL updated with expiration date
2024-02-01 11:25
Price Cap Coalition Oil Price Cap (OPC) Compliance and Enforcement Alert added
2023-12-20 10:26
Updates to OFSI’s guidance in relation to the attestation model, with per-voyage attestations and itemised ancillary costs. Clarification on reporting requirements for UK nationals in third countries. Clarification on reporting timelines. Amendments to the tier system, with separation of Tier 3 into Tier 3A and 3B.
2023-08-04 17:26
Updated compliance forms, and instructions for using them.
2023-06-14 14:41
Updates to OFSI’s guidance in relation to derivatives & futures trading, winddown periods and ‘as soon as practicable’ meaning. Publication of a derivatives and futures trading general licence.
2023-04-06 15:29
Uploaded an updated version (April 2023) of the Guidance.
2023-03-06 14:52
Slight change to numbering in overall guidance.
2023-03-06 14:36
March 2023 update to the overall guidance.
2023-03-01 18:00
Aligned form descriptions and order with updated uploaded documents
2023-02-27 17:39
Added reporting forms and updated titles.
2023-02-04 09:03
Russian Oil Services Ban – HMT Industry Guidance updated
2023-02-03 21:29
GENERAL LICENCE – Products Oil Price Cap Wind-down INT/2023/2660772 added and HM Treasury Publication Notices 03-02-23, for INT/2022/2469656, INT/2022/2470256, INT/2022/2470056, INT/2022/2470156 and INT/2023/2660772
2023-01-05 14:46
HM Treasury Publication Notices 05-1-23 for INT/2022/2469656, INT/2022/2470256, INT/2022/2470056 and INT/2022/2470156 addedGeneral licence, Oil Price Cap: Exempt Projects and Countries INT/2022/2470156 updated
2022-12-21 14:58
HM Treasury Publication Notices for INT/2022/2469656, INT/2022/2470256, INT/2022/2470056 and INT/2022/2470156 addedRussian Oil Services Ban – HMT Industry Guidance updatedReporting forms for General Licence INT/2022/2469656, INT/2022/2470256 and breaches updated
2022-12-08 16:03
Title corrections
2022-12-04 17:12
First published.