VENEECONOMIST
OFAC GENERAL LICENSEExpiredEnergy

GL 8N

GL 8N — Servicing Authorizations for Designated Entities

Version history

  • Jun 04, 2026GL 8N (emitida 2024-05-10) fue reemplazada/superseded por GL 8O el 2024-11-07; la cadena GL 8O expiro 2025-05-09. Corregido active->superseded y fecha (estaba 2025-10-25, erronea por manual_seed). No pertenece a la serie activa 2026. Verificado contra Federal Register 2024-11846 y OFAC Recent Actions 2024-11-07.
  • Jun 18, 2026Marcada expired: funcion absorbida por el regimen amplio 2026 (GL 46/52, etc.); sin sucesor unico. Corrige el estado superseded-sin-sucesor.

Issued

May 10, 2024

Expiration

Nov 15, 2024

Authorized entity

PDVSA y subsidiarias mayoritarias

Type

General

Scope

Authorizes certain activities necessary for the safe and orderly maintenance of operations (safety, environmental, local payroll) in PDVSA and designated subsidiaries, without permitting new investment or operational expansion.

Authorized activities

  • ·Pagos de nómina local
  • ·Mantenimiento de infraestructura crítica (safety/environmental)
  • ·Cumplimiento de obligaciones contractuales pre-existentes

Prohibited activities

  • ·Nuevas inversiones de capital
  • ·Ampliación de operaciones
  • ·Exportación de crudo (cubierto por otras GL)

VENE · ECONOMIST Analysis

Fact
GL 8N renueva la autorización de servicios mínimos a PDVSA, vigente desde el régimen sanciones plenas de 2019; última actualización octubre 2025 antes del cambio estructural de 2026.
Implication
Mantiene una línea de operaciones humanitarias y de seguridad que evita un colapso técnico de la industria. Para servicers internacionales (Halliburton, SLB, Baker Hughes) habilita facturación legítima sobre contratos legacy.
Indicator to monitor
Posible reemplazo por una licencia más amplia (GL 8O o consolidación con GL 41) si el régimen 2026 continúa la flexibilización.

Official source

OFAC — action page

This summary does not constitute legal advice. The final determination of scope and applicability of any OFAC license requires consultation with qualified legal counsel and review of the official text published by the Office of Foreign Assets Control. VENE · ECONOMIST maintains this page as editorial reference for institutional investors.

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Related licenses in this sector

GL 52A

GL 52A — Transactions Involving Petróleos de Venezuela, S.A.

GL 46C

GL 46C — Trade in Venezuelan-Origin Oil and Petrochemical Products

GL 47A

GL 47A — Sale of U.S.-Origin Diluents to Venezuela

GL 48B

GL 48B — Supply of Goods and Services to Venezuela

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