Venezuela’s state-owned oil company, Petróleos de Venezuela, S.A. (“PDVSA”) has been designated by the Office of Foreign Assets Control of the US Department of the Treasury. Property and interests in property held by PDVSA and its subsidiaries will now be blocked; however, several general licenses allow certain activities related to PDVSA to continue.
January 28, 2019
Petróleos de Venezuela sanctioned
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