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Federal Register / Vol. 86, No. 20 / Tuesday, February 2, 2021 / Presidential Documents
7789
Presidential Documents
Presidential Determination No. 2021–03 of January 14, 2021
Presidential Determination on the Pursuant to Section
1245(d)(4)(B) and (C) of the National Defense Authorization
Act for FY 2012
Memorandum for the Secretary of State[,] the Secretary of the Treasury[,
and] the Secretary of Energy
By the authority vested in me as President by the Constitution and the
laws of the United States, after carefully considering the reports submitted
to the Congress by the Energy Information Administration including the
report submitted in October 2020, and other relevant factors, including global
economic conditions, increased oil production by certain countries, the level
of spare capacity, and the availability of strategic reserves, I determine,
pursuant to section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012, Public Law 112–81, and consistent with
prior determinations, that there is a sufficient supply of petroleum and
petroleum products from countries other than Iran to permit a significant
reduction in the volume of petroleum and petroleum products purchased
from Iran by or through foreign financial institutions.
I will continue to monitor this situation closely.
The Secretary of State is authorized and directed to publish this determination in the Federal Register.
Washington, January 14, 2021
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Federal Register / Vol. 86, No. 20 / Tuesday, February 2, 2021 / Presidential Documents
Agencies
[Federal Register Volume 86, Number 20 (Tuesday, February 2, 2021)]
[Presidential Documents]
[Pages 7789-7791]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-02251]
[GRAPHIC] [TIFF OMITTED] TD02FE21.001
[FR Doc. 2021-02251
2-1-21; 8:45 am]
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