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The UK government changed the terms of an existing licence rather than extending it, allowing companies to continue business with Austria-based Lukoil International GmbH.
tass.comThe UK government amended restrictions within an existing licence instead of extending the licence itself, permitting companies to continue business operations with Austria-based Lukoil International GmbH. @FirstSquawk reported the change as a correction to earlier descriptions of the action. The licence in question allows companies to maintain commercial dealings with the Austrian entity.
The amendment applies specifically to Lukoil International GmbH, which is based in Austria.
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