OFAC Issues Notice Relating to Venezuela General Licenses

The Office of Foreign Assets Control published a notice Nov. 30 listing three previously issued Venezuela-related general licenses that contain authorizations related to Petroleos de Venezuela. In addition to the current General License 5E, the notice contains general licenses 5C and 5D, both of which were superseded by GL 5E, which was issued in October (see 2010060036). The authorizations in GL 5E will become effective Jan. 19, 2021.