Slight clarification to Thursday’s OFAC Venezuela changes

Mr. Watchlist needs to learn how to read the OFAC notices better… the expiration dates for the 3 update General Licenses had, in fact, not changed (they all expire in late July). All 3 licenses were updated to clarify that diluents (chemicals which can be used to dilute heavy crude oil traveling through pipelines so it is less viscous and therefore flows more freely) are not authorized under the licenses.

BTW, Mr. Watchlist’s beef with the apparent error in General License 7 (where a clause that appears to have expired is still in the License) still stands…

Sorry about that – was trying to get out of town for the weekend. Not an excuse, but an explanation…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s