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Venezuela General License 2A


Executive Order 13808 of August 24, 2017

Imposing Additional Sanctions with Respect to the Situation in Venezuela

Executive Order of August 5, 2019 Blocking Property of the Government of Venezuela


Authorizing Certain New Debt, New Equity, and Securities Transactions Involving PDV Holding, Inc. and CITGO Holding, Inc.

(a) Except as provided in paragraph (b) of this general license, all transactions and activities prohibited by Subsections 1(a)(i), 1(a)(ii), and 1(b) of Executive Order (E.O.) 13808, as amended by E.O. 13857 of January 25, 2019, or E.O. of August 5, 2019, where the only Government of Venezuela entities involved are PDV Holding, Inc. (PDVH), CITGO Holding, Inc., or any of their subsidiaries, are authorized.

(b) This general license does not authorize any transaction that is otherwise prohibited by E.O. of August 5, 2019, or E.O. 13835 of May 21, 2018, E.O. 13827 of March 19, 2018, E.O.

13850 of November 1, 2018, E.O. 13808, or E.O. 13692 of March 8, 2015, each as amended by E.O. 13857, or by any part of 31 C.F.R. chapter V.

(c) Effective August 5, 2019, General License No. 2, dated August 25, 2017, is replaced and superseded in its entirety by this General License No. 2A.


General License 2A

Categories: Licenses OFAC Updates


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