Issuance of Venezuela-related General License 8G

Issuance of Venezuela-related General License 8G

Misc./Other

Regulations and Guidance Sanctions List Updates

Issuance of Venezuela-related General License 8G Release

11/17/2020

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 8G,

“Authorizing Transactions Involving Petróleos de Venezuela, S.A. (PdVSA) Necessary for the Limited Maintenance of Essential Operations in Venezuela or the Wind Down of Operations in Venezuela for Certain Entities.”

U.S. Department of the Treasury

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20201117