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

• Published date: 19 June 2020
• Citation: 85 FR 36995
• Record Number: 2020-13389
• Section: Presidential Documents
• Court: Executive Office Of The President

Federal Register, Volume 85 Issue 119 (Friday, June 19, 2020)

[Federal Register Volume 85, Number 119 (Friday, June 19, 2020)]
                [Presidential Documents]
                [Page 36995]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2020-13389]
                 Presidential Documents
                Federal Register / Vol. 85, No. 119 / Friday, June 19, 2020 /
                Presidential Documents
                ___________________________________________________________________
                Title 3--
                The President
                [[Page 36995]]
                 Presidential Determination No. 2020-06 of June 5, 2020
                
                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 Information Administration,
                 including the report submitted in April 2020, and other
                 relevant factors, including global economic conditions,
                 increased oil production by certain 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,
                 Washington, June 5, 2020
                [FR Doc. 2020-13389
                Filed 6-18-20; 8:45 am]
                Billing code 4710-10-P