VENEECONOMIST

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

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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 Superseded or expired versions are kept in the timeline.

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Energy

GL 52AActive

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 46CActive

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 47AActive

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 48BActive

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 50BActive

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

Minerals

Cross-sector

GL 60Active

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 24AActive

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 59Active

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 56Active

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 53Active

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 49AActive

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 30BActive

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 33Active

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