OFAC amended a general license authorizing certain transactions and activities involving Petróleos de Venezuela, S.A. ("PdVSA").
Under General License 8F, OFAC extended the expiration date under former General License 8E authorizing certain "maintenance" activities by specified companies and their subsidiaries in Venezuela with PdVSA until December 1, 2020.
The amended general license went into effect on April 21, 2020.
Originally published April 22, 2020.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
