Regulatory Alerts2026-02-13 | 20260213Issuance of Venezuela-related General Licenses
The Department of the Treasury's Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 49 to authorize negotiations and entry into contingent contracts for certain investments in Venezuela. OFAC also issued General License 50 to authorize transactions related to oil or gas sector operations in Venezuela for certain entities. These licenses were released on February 13, 2026, to facilitate specific economic activities within the Venezuelan energy and investment sectors.
Release Date
02/13/2026
Recent Actions Body
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 49 , "Authorizing Negotiations of and Entry Into Contingent Contracts for Certain Investment in Venezuela;" and Venezuela-related General License 50 , "Authorizing Transactions Related to Oil or Gas Sector Operations in Venezuela of Certain Entities."