Menu Home

Venezuela General License 8 is now up to Version H

Issuance of Venezuela-related General License 8H

Release date06/01/2021Body

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

The exemptions for Chevron, Halliburton, Schlumberger, Baker Hughes and Weatherford now expire December 1st.

Links:

OFAC Notice

General License 8H

Categories: Licenses OFAC Updates Venezuela sanctions

eric9to5

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

%d bloggers like this: