Compliance-as-Code: Operational Integrity & Governance

Authorizes transactions related to this bond starting May 5, 2026. Effective from March 19, 2026.

Extends the authorization for the same bond starting June 19, 2026. Replaces 5V effective May 4, 2026.

Authorizes established U.S. entities to lift, export, sell, transport, and refine Venezuelan oil. Payments to blocked persons must go to the Foreign Government Deposit Fund. Superseded by 46A.

Same as 46, but excludes local taxes, permits, and fees from the deposit requirement. Superseded by 46B.

Expands 46A to include petrochemical products (fertilizers and precursors) for importation into the U.S. Includes an annex with HS codes.

Authorizes U.S. entities to lift, export, transport, and refine Venezuelan oil, and import petrochemicals (fertilizers/precursors) into the U.S. Replaces GL 46B. Reports required every 90 days for other destinations. Excludes Russia, Iran, North Korea, Cuba, and Chinese joint ventures.

Authorizes established U.S. entities to engage in transactions related to the lifting, exportation, sale, supply, or transportation of Venezuelan-origin oil and petrochemicals. Replaces General License 46C effective August 27, 2026.

Authorizes the export, sale, and transportation of U.S.-origin diluents to Venezuela. Replaces GL 47. Requires reports every 90 days. Excludes Russia, Iran, North Korea, and Cuba.

Authorizes transactions necessary for the export, sale, supply, and transportation of U.S.-origin diluents to Venezuela. Replaces General License 47A effective August 27, 2026.

Authorizes U.S. persons/entities to provide goods, technology, software, and services for oil and gas exploration, development, and production in Venezuela. Superseded by 48A.

Extends GL 48 to also include petrochemicals and the power sector (generation, transmission, storage, distribution).

Authorizes U.S. persons to provide goods, software, technology, and services for exploration, production, or maintenance in Venezuela's energy and power sectors. Replaces GL 48A. Prohibits new joint ventures and diluent exports. Excludes Russia, Iran, North Korea, Cuba, and China.

Authorizes the negotiation and signing of contingent contracts for new investment in oil & gas in Venezuela, pending separate OFAC authorization. Superseded by 49A.

Extends GL 49 to include petrochemicals, electricity, and prior due diligence. Includes an annex for petrochemical products.

Authorizes transactions related to oil & gas in Venezuela for: BP, Chevron, Eni, Repsol, and Shell. Superseded by 50A.

Same as GL 50 but adds Établissements Maurel & Prom SA to the list of authorized entities.

Authorizes transactions related to oil/gas operations in Venezuela for listed entities (BP, Chevron, Eni, Maurel & Prom, Repsol, Shell) and subsidiaries. Replaces GL 50A. Excludes Russia, Iran, North Korea, Cuba, and China.

Authorizes oil and gas sector operations in Venezuela for designated entities and their subsidiaries (BP, Chevron, Eni, Maurel & Prom, Repsol, and Shell). Replaces General License 50B effective August 27, 2026.

Authorizes U.S. entities to export, purchase, transport, and refine Venezuelan minerals/gold involving Minerven. Replaces GL 51A. Requires supply chain due diligence reports every 30 days. Prohibits exploration, mining, and refining in Russia, Iran, North Korea, Cuba, or China.

Authorizes transactions prohibited by E.O. 13884 and 13850 involving PdVSA, conducted by U.S.-established entities prior to January 29, 2025. Does not authorize debt, bonds, or equity transfers.

Authorizes transactions prohibited by E.O. 13884 or E.O. 13850 involving PdVSA conducted by established U.S. entities. Replaces GL 52. Requires reports every 90 days for exports to countries other than the U.S. Excludes Russia, Iran, North Korea, Cuba, and China.

Authorizes general transactions involving PdVSA and its subsidiaries by U.S. entities, including official contract execution by corporate officers. Replaces General License 52B effective September 14, 2026.

Authorizes the provision of goods and services in the U.S. to Venezuelan diplomatic missions and their employees for official or personal use. Does not apply to real estate or resale.

Authorizes U.S. persons to provide goods, software, technology, and services for mineral operations (including gold) and maintenance in Venezuela. Replaces GL 54. Prohibits new joint ventures. Excludes Russia, Iran, North Korea, Cuba, and China.

Authorizes the negotiation of contingent contracts with the Government of Venezuela under E.O. 13884. Excludes the SDN List, bonds, debt, gold, Venezuelan cryptocurrencies, and entities from Russia, Iran, North Korea, Cuba, and China.

Authorizes financial services (accounts, transfers, payments, insurance, etc.) to the Central Bank of Venezuela, Banco de Venezuela, Banco Digital de los Trabajadores, Banco del Tesoro, and Government of Venezuela employees not listed on the SDN.

Authorizes transactions related to earthquake relief efforts in Venezuela otherwise prohibited by the VSR, effective through October 23, 2026. Includes funds processing on behalf of third-country persons. Does not authorize the unblocking of property or transactions prohibited by other Executive orders.

Authorizes the supply of goods, technology, and services from the U.S. for the installation, maintenance, repair, and operation of telecommunications infrastructure in Venezuela (including contracts with CANTV and CONATEL). Effective August 21, 2026.

Authorizes negotiations and entry into contingent contracts for new investments in Venezuela's telecommunications sector, subject to separate authorization from OFAC for performance. Effective August 21, 2026.