The Department of the Treasury’s Office of Foreign Assets Control has issued General License 8B, “Authorizing Transactions Involving Petróleos de Venezuela S.A. (PdVSA) Necessary for Maintenance of Operations for Certain Entities in Venezuela,” to replace and supersede General License 8A. The general license, as amended, applies to the business of five companies in Venezuela, and authorizes them to conduct transactions and activities ordinarily incident and necessary to the maintenance of operations, contracts or other agreements involving PdVSA until October 25, 2019.
July 26, 2019
OFAC extends expiration of Venezuela general license 8A
Related by Topic
October 2, 2023 Insight
September 28, 2023 News Alert
OFAC sanctions Sinaloa Cartel affiliates and the leader of a group that supplies the cartel with cocaine
September 27, 2023 News Alert