PROPRIETARY TRACKER
OFAC Venezuela License Tracker
Updated status of OFAC General Licenses on Venezuela. Each license with its scope, expirations, authorized entities, and investment implications.
Last verified against OFAC Recent Actions: Jun 26, 2026, 10:23 PM
19 active licenses
Methodology: we count the in-force operational, enabling General Licenses (energy, finance, minerals, cross-sector and aviation). OFAC’s official roster also lists evergreen humanitarian and technical authorizations —internet communications, emergency medical services, intellectual property and NGOs— that do not bear on investment decisions and are not counted here. Superseded or expired versions are kept in the timeline.
Energy
GL 52A — Transactions Involving Petróleos de Venezuela, S.A.
Authorizes an established U.S. entity to engage with PdVSA and its entities in transactions otherwise prohibited by E.O. 13884 and 13850, subject to U.S./allied law and forum and Treasury payment routing. Preserves the E.O. 13808 prohibitions on bonds and debt. Supersedes GL 52.
Issued Jun 10, 2026
GL 46C — Trade in Venezuelan-Origin Oil and Petrochemical Products
Authorizes an established U.S. entity to lift, export, sell, store, transport and refine Venezuelan-origin oil —and to import Venezuelan-origin petrochemical products into the U.S.— in transactions involving the Government of Venezuela and PdVSA, subject to U.S./allied law and forum and Treasury payment routing. Supersedes GL 46B.
Issued Jun 10, 2026
GL 47A — Sale of U.S.-Origin Diluents to Venezuela
Authorizes the export, sale, supply and transport of U.S.-origin diluents to Venezuela in transactions involving the Government of Venezuela and PdVSA, subject to U.S./allied law and forum. Supersedes GL 47.
Issued Jun 10, 2026
GL 48B — Supply of Goods and Services to Venezuela
Authorizes the supply from the U.S. or by a U.S. person of goods, technology, software or services for oil, gas and petrochemical exploration, development and production, and for electricity generation, transmission, storage and distribution in Venezuela. Supersedes GL 48A.
Issued Jun 10, 2026
GL 50B — Oil or Gas Sector Operations of Listed Entities
Authorizes transactions related to oil or gas sector operations in Venezuela of the entities listed in the Annex and their subsidiaries, subject to U.S./allied law and forum and Treasury routing of payments —including royalties and taxes. Supersedes GL 50A.
Issued Jun 10, 2026
Finance
GL 5X — PdVSA 2020 8.5% Bond (on or after August 4, 2026)
Authorizes, on or after August 4, 2026, transactions related to, the provision of financing for, and other dealings in the PdVSA 2020 8.5% Bond that would otherwise be prohibited by section 1(a)(iii) of E.O. 13835. Supersedes GL 5W, moving the effective date from June 19 to August 4, 2026; until then, execution against the CITGO Holding share collateral remains prohibited absent a specific license. OFAC reiterates a favorable licensing policy toward a bond restructuring agreement.
Issued Jun 18, 2026
GL 58 — Services to the Government of Venezuela for Potential Debt Restructuring
Authorizes provision of legal, financial advisory, and consulting services to the Government of Venezuela, including PDVSA, in connection with potential debt restructuring. Does not authorize the restructuring itself, transfer, settlement, or direct negotiations between the Government of Venezuela and its creditors.
Issued May 05, 2026
GL 57 — Financial Services with BCV and Named State Banks
Authorizes provision of U.S. financial services (accounts, payments, correspondent banking, cards, digital payments) with the Banco Central de Venezuela and four named state banks, subject to full AML/FinCEN compliance obligations.
Issued Apr 14, 2026
Minerals
GL 51B — Trade in Venezuelan-Origin Minerals, Including Gold
Authorizes an established U.S. entity to export, sell, store, purchase, deliver and transport Venezuelan-origin minerals —including gold— in transactions involving the Government of Venezuela and CVG Minerven, including processing and refining. Subject to U.S./allied law and forum and Treasury payment routing. Supersedes GL 51A.
Issued Jun 10, 2026
GL 54A — Goods and Services for Minerals Operations in Venezuela
Authorizes the supply from the U.S. or by a U.S. person of goods, technology, software or services for exploration, development, mining, extraction, processing, refining and production of minerals —including gold— in Venezuela, via CVG Minerven. Does NOT authorize forming new mining joint ventures. Supersedes GL 54.
Issued Jun 10, 2026
GL 55 — Contingent Contracts for Investment in Venezuela’s Minerals Sector
Complements GL 54 authorizing technical services, heavy equipment, and environmental consulting to the Venezuelan mining sector.
Issued Mar 27, 2026
Cross-sector
GL 60 — Earthquake Relief Efforts (through October 23, 2026)
Authorizes, through 12:01 a.m. eastern time on October 23, 2026, transactions ordinarily incident and necessary to earthquake-relief efforts following the June 24, 2026 earthquake in Venezuela that would otherwise be prohibited by the Venezuela Sanctions Regulations (31 CFR part 591), including those involving the Government of Venezuela and SDNs sanctioned under the executive orders incorporated into the VSR. Note 1 covers the processing and transfer of funds on behalf of third-country persons in support of relief and lets U.S. financial institutions and money transmitters rely on the originator to establish compliance. Does not unblock blocked property and does not cover ordinary activity (routine remittances, general commerce).
Issued Jun 25, 2026
GL 24A — Telecommunications and Mail
Authorizes transactions ordinarily incident to the receipt and transmission of telecommunications, and the sending of mail and packages to, from, and within Venezuela, involving the Government of Venezuela. Updates and replaces GL 24 (Aug 5, 2019). Does not lift the remaining sanctions.
Issued Jun 18, 2026
GL 59 — Supply of Goods and Services Involving Conviasa
Authorizes the supply of certain items and services involving Consorcio Venezolano de Industrias Aeronáuticas y Servicios Aéreos, S.A. (Conviasa), the state airline: payment processing through the U.S. financial system, sales and purchases, transport, maintenance and repair, and transactions ordinarily incident to airline operations. Broadens the prior GL 45B (repatriation, 2024) framework. Does not lift the remaining sanctions on the Government of Venezuela.
Issued Jun 18, 2026
GL 56 — Commercial Negotiations Across All Sectors
Authorizes negotiating contingent contracts with the Government of Venezuela across all economic sectors, expressly conditioning performance on a separate OFAC authorization. Structural milestone of the 2026 regime.
Issued Apr 14, 2026
GL 53 — Official Missions of the Government of Venezuela to the United States
Authorizes provision of goods and services in the U.S. to official Government of Venezuela missions (embassy and consulates) and to permanent missions to international organizations headquartered in the U.S. Allows U.S. financial institutions to operate accounts, process funds transfers, and extend credit to mission employees.
Issued Mar 24, 2026
GL 49A — Negotiation of Contingent Investment Contracts
Authorizes negotiation of contingent contracts in non-energy sectors with the express condition that performance requires separate OFAC authorization.
Issued Mar 13, 2026
GL 30B — Port and Airport Operations in Venezuela
Authorizes transactions "ordinarily incident and necessary" to the operation or use of ports and airports in Venezuela. Replaces GL 30A (February 2021) and removes the prior prohibition on the exportation or re-exportation of diluents to Venezuela.
Issued Feb 10, 2026
GL 33 — Overflight Payments, Emergency Landings, and Air Ambulance Services
Authorizes, since August 5, 2019 with no expiration date, transactions involving the Government of Venezuela that are necessary to: (i) receive and pay charges for overflight services over Venezuela or emergency landings in Venezuela by aircraft registered in the United States or owned, controlled by, or chartered to persons subject to U.S. jurisdiction; and (ii) provide air ambulance and related medical services, including medical evacuation from Venezuela. Does not unblock blocked property and does not authorize transactions otherwise prohibited by the Venezuela Sanctions Regulations (31 CFR part 591).
Issued Aug 05, 2019