Presidential Determination Pursuant to Section 1245(d)(4)(B) and (C) of the National Defense Authorization Act for Fiscal Year 2012

• Published date: 17 May 2019
• Citation: 84 FR 22327
• Record Number: 2019-10472
• Section: Presidential Documents
• Court: Executive Office Of The President

Federal Register, Volume 84 Issue 96 (Friday, May 17, 2019)

[Federal Register Volume 84, Number 96 (Friday, May 17, 2019)]
                [Presidential Documents]
                [Page 22327]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2019-10472] Presidential Documents
                Federal Register / Vol. 84, No. 96 / Friday, May 17, 2019 /
                Presidential Documents
                ___________________________________________________________________
                Title 3--
                The President
                [[Page 22327]]
                 Presidential Determination No. 2019-12 of April 29,
                 2019
                
                Presidential Determination Pursuant to Section
                 1245(d)(4)(B) and (C) of the National Defense
                 Authorization Act for Fiscal Year 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 InformationAdministration,
                 including the report submitted in April 2019, and other
                 relevant factors such as global economic conditions,
                 increased oil production by the United States and
                 certain other countries, the global level of spare
                 petroleum production 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.
                
                
                 (Presidential Sig.)
                 THE WHITE HOUSE,
                 April 29, 2019
                [FR Doc. 2019-10472
                Filed 5-16-19; 8:45 am]
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