OFAC Venezuela License Tracker

GL 48D — 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 —including maintenance and repair of equipment—, and for electricity generation, transmission, storage and distribution in Venezuela. As of September 28, 2026, the petrochemical annex lists methanol. The formation of new joint ventures remains outside the license. Supersedes GL 48C.

Issued Sep 28, 2026

GL 46E — 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. As of September 28, 2026, the petrochemical annex lists methanol; until then it listed only fertilizers and their inputs. Contracts must route disputes to the U.S., U.K., France, or Singapore, and payments to blocked persons go to the Treasury account. Supersedes GL 46D.

Issued Sep 28, 2026

GL 49B — Contingent Contracts for New Energy Investment

Authorizes negotiating and entering into contingent contracts for new investment in oil, gas, petrochemical products or electricity in Venezuela —new exploration or production, expansion of existing operations and formation of new joint ventures—, including prior due diligence, provided that performance is made contingent on separate OFAC authorization. As of September 28, 2026, the petrochemical annex lists methanol. Supersedes GL 49A.

Issued Sep 28, 2026

GL 52C — 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. As of September 14, 2026, it allows PdVSA officials on the SDN List to execute and sign those contracts in their official capacity, and expressly excludes any transaction altering the governance of PDV Holding, CITGO Holding, or CITGO Petroleum. The forum requirement (U.S., U.K., France, or Singapore) and Treasury payment routing remain. Supersedes GL 52B.

Issued Sep 14, 2026

GL 50C — 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 —BP, Chevron, Eni, Maurel & Prom, Repsol and Shell, the same six as in June—, with Treasury routing of payments, taxes and royalties. As of August 27, 2026, the contract must only route disputes to the U.S., U.K., France, or Singapore. Supersedes GL 50B.

Issued Aug 27, 2026

GL 47B — 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. As of August 27, 2026, the contract must only route disputes to the U.S., U.K., France, or Singapore; it no longer needs to be governed by U.S. law. Supersedes GL 47A.

Issued Aug 27, 2026

GL 5Z — PdVSA 2020 8.5% Bond (on or after November 5, 2026)

Authorizes, on or after November 5, 2026, transactions related to, the provision of financing for, and other dealings in the Petróleos de Venezuela, S.A. 2020 8.5 percent bond that would otherwise be prohibited by subsection 1(a)(iii) of E.O. 13835. Replaces and supersedes GL 5Y in its entirety effective September 16, 2026, moving the effective date from September 17 to November 5, 2026. Until then no authorization is in effect: the sale or transfer of the CITGO Holding shares pledged against the bond remains prohibited absent a specific OFAC license.

Issued Sep 16, 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

GL 55A — Contingent Contracts for Investment in Venezuela’s Coal or Minerals Sectors

Authorizes negotiating and entering into contingent contracts for new investment in Venezuela’s coal or minerals sectors —including gold— provided that performance is expressly contingent upon separate authorization from OFAC. As of September 2, 2026, coal enters the same perimeter that already covered gold. It is the first amendment to GL 55 since March 2026. Supersedes GL 55.

Issued Sep 02, 2026

GL 54C — Supply of Items and Services for Coal or Minerals Operations in Venezuela

Authorizes the provision from the United States or by a U.S. person of goods, technology, software, or services for the exploration, development, mining, extraction, processing, refining, or production of coal or minerals —including gold— in Venezuela, in transactions involving the Government of Venezuela, Carbozulia and CVG Minerven. As of September 2, 2026, coal enters the same perimeter that already covered gold. It authorizes supplying and maintaining the operation, not forming joint ventures to exploit it. Supersedes GL 54B.

Issued Sep 02, 2026

GL 51D — Trade in Venezuelan-Origin Coal or Minerals, Including Gold

Authorizes an established U.S. entity to export, sell, store, purchase, deliver and transport Venezuelan-origin coal or minerals —including gold— in transactions involving the Government of Venezuela, Carbones del Zulia S.A. (Carbozulia) and CVG Minerven, including processing and refining. As of September 2, 2026, coal enters the same perimeter that already covered gold. Conditions are unchanged: disputes in the U.S., U.K., France, or Singapore, and payments routed through Treasury. Supersedes GL 51C.

Issued Sep 02, 2026

GL 61A — Supply of Certain Items and Services to Venezuela Related to Telecommunications

Authorizes transactions prohibited by the VSR — including those involving the Government of Venezuela, CONATEL, and CANTV — that are ordinarily incident and necessary to the provision from the United States or by a U.S. person of goods, technology, software, or services for the installation, maintenance, refurbishment, repair, upgrade, operation, or support of telecommunications in Venezuela. Telecommunications is defined broadly: data, telephone, internet connectivity, radio, television, news wire feeds, and similar services, regardless of the medium of transmission, including satellite and submarine cables. As of August 27, 2026, the contract with the Government must only route disputes to the United States, the United Kingdom, France, or Singapore; it no longer needs to be governed by U.S. law. Reporting to the Department of State ten days after the first transaction and every 90 days thereafter remains. No expiration date. Supersedes GL 61.

Issued Aug 27, 2026

GL 62 — Negotiations of and Entry Into Contingent Contracts for Investment in the Telecommunications Sector of Venezuela

Authorizes transactions prohibited by the VSR — including those involving the Government of Venezuela, CONATEL, and CANTV — related to the negotiation of and entry into contingent contracts for new investment in the telecommunications sector of Venezuela, provided that performance of any such contract is made expressly contingent upon separate authorization from OFAC. Covers establishing new telecommunication service providers, expanding existing operations, and forming new joint ventures or other entities, along with prefatory steps such as commercial, legal, technical, safety, and environmental due diligence and assessments. No periodic reporting and no expiration date.

Issued Aug 21, 2026

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 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 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 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 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