[Code of Federal Regulations]
[Title 15, Volume 2]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 15CFR754.3]

[Page 427]
 
                  TITLE 15--COMMERCE AND FOREIGN TRADE
 
  CHAPTER VII--BUREAU OF EXPORT ADMINISTRATION, DEPARTMENT OF COMMERCE
 
PART 754--SHORT SUPPLY CONTROLS--Table of Contents
 
Sec. 754.3  Petroleum products not including crude oil.

    (a) License requirement. As indicated by the letters ``SS'' in the 
``Reason for Control'' paragraph in the ``License Requirements'' section 
of ECCNs 1C980, 1C982, 1C983, and 1C984 on the CCL (Supplement No. 1 to 
part 774 of the EAR), a license is required to all destinations, 
including Canada, for the export of petroleum products, excluding crude 
oil, listed in Supplement No. 1 to this part, that were produced or 
derived from the Naval Petroleum Reserves (NPR) or became available for 
export as a result of an exchange of any NPR produced or derived 
commodities.
    (b) License policy. (1) Applications for the export of petroleum 
products listed in Supplement No. 1 to this part that were produced or 
derived from the Naval Petroleum Reserves, or that became available for 
export as a result of an exchange for a Naval Petroleum Reserves 
produced or derived commodity, other than crude oil, will be denied, 
unless the President makes a finding required by the Naval Petroleum 
Reserves Production Act (10 U.S.C. 7430).
    (2) Applications that involve temporary exports or exchanges 
excepted from that Act will be approved.