Publication of Venezuela Sanctions Regulations Web General Licenses 41A, 5R, and 41B

34598 Federal Register / Vol. 90, No. 139 / Wednesday, July 23, 2025 / Rules and Regulations Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. Each GL was made available on OFAC’s website (https://ofac.treasury.gov) when it was issued. GLs 55D and 115B replaced and superseded GLs 55C and 115A, respectively. Both GLs have an expiration date of December 19, 2025. The text of these GLs is provided below. OFFICE OF FOREIGN ASSETS CONTROL Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 587 GENERAL LICENSE NO. 55D Authorizing Certain Services Related to Sakhalin-2 (a) Except as provided in paragraph (d) of this general license, all transactions prohibited by the determination of November 21, 2022 made pursuant to section 1(a)(ii) of Executive Order (E.O.) 14071 (‘‘Prohibitions on Certain Services as They Relate to the Maritime Transport of Crude Oil of Russian Federation Origin’’) related to the maritime transport of crude oil originating from the Sakhalin-2 project (‘‘Sakhalin-2 byproduct’’) are authorized through 12:01 a.m. eastern standard time, December 19, 2025, provided that the Sakhalin-2 byproduct is solely for importation into Japan. (b) Except as provided in paragraph (d) of this general license, all transactions prohibited by E.O. 14024 involving Gazprombank Joint Stock Company (Gazprombank) or any entity in which Gazprombank owns, directly or indirectly, a 50 percent or greater interest, that are related to the Sakhalin￾2 project, including such transactions involving Sakhalin Energy LLC, are authorized through 12:01 a.m. eastern standard time, December 19, 2025. (c) Except as provided in paragraph (d) of this general license, all transactions prohibited by the determination of January 10, 2025 made pursuant to section 1(a)(ii) of E.O. 14071 (‘‘Prohibition on Petroleum Services’’) that are related to the Sakhalin-2 project are authorized through 12:01 a.m. eastern standard time, December 19, 2025. (d) This general license does not authorize: (1) Any transactions prohibited by Directive 2 under E.O. 14024, Prohibitions Related to Correspondent or Payable-Through Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions; (2) Any transactions prohibited by Directive 4 under E.O. 14024, Prohibitions Related to Transactions Involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation; or (3) Any transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR), including transactions involving any person blocked pursuant to the RuHSR, other than the blocked persons described in paragraph (b), unless separately authorized. (e) Effective June 18, 2025, General License No. 55C, dated November 21, 2024, is replaced and superseded in its entirety by this General License No. 55D. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. Dated: June 18, 2025. OFFICE OF FOREIGN ASSETS CONTROL Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 587 GENERAL LICENSE NO. 115B Authorizing Certain Transactions Related to Civil Nuclear Energy (a) Except as provided in paragraph (c) of this general license, all transactions prohibited by Executive Order (E.O.) 14024 involving one or more of the following entities that are related to civil nuclear energy are authorized through 12:01 a.m. eastern standard time, December 19, 2025: (1) Gazprombank Joint Stock Company; (2) State Corporation Bank for Development and Foreign Economic Affairs Vnesheconombank; (3) Public Joint Stock Company Bank Financial Corporation Otkritie; (4) Sovcombank Open Joint Stock Company; (5) Public Joint Stock Company Sberbank of Russia; (6) VTB Bank Public Joint Stock Company; (7) Joint Stock Company Alfa-Bank; (8) Public Joint Stock Company Rosbank; (9) Bank Zenit Public Joint Stock Company; (10) Bank Saint-Petersburg Public Joint Stock Company; (11) National Clearing Center (NCC); (12) Any entity in which one or more of the above persons own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest; or (13) the Central Bank of the Russian Federation. (b) For the purposes of this general license, the term ‘‘related to civil nuclear energy’’ means transactions undertaken solely to maintain or support civil nuclear projects initiated before November 21, 2024. (c) This general license does not authorize: (1) The opening or maintaining of a correspondent account or payable￾through account for or on behalf of any entity subject to Directive 2 under E.O. 14024, Prohibitions Related to Correspondent or Payable-Through Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions; (2) Any debit to an account on the books of a U.S. financial institution of the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance; or (3) Any transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR), including transactions involving any person blocked pursuant to the RuHSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. (d) Effective June 27, 2025, General License No. 115A, dated January 10, 2025, is replaced and superseded in its entirety by this General License No. 115B. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. Dated: June 27, 2025. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. [FR Doc. 2025–13836 Filed 7–22–25; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 591 Publication of Venezuela Sanctions Regulations Web General Licenses 41A, 5R, and 41B AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of web general licenses. SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing three VerDate Sep<11>2014 16:55 Jul 22, 2025 Jkt 265001 PO 00000 Frm 00006 Fmt 4700 Sfmt 4700 E:\FR\FM\23JYR1.SGM 23JYR1 khammond on DSK9W7S144PROD with RULES

Federal Register / Vol. 90, No. 139 / Wednesday, July 23, 2025 / Rules and Regulations 34599 general licenses (GLs) issued pursuant to the Venezuela Sanctions Regulations: GLs 41A, 5R, and 41B, each of which was previously made available on OFAC’s website. DATES: GL 41A was issued on March 4, 2025. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Regulatory Affairs, 202–622–4855; or https:// ofac.treasury.gov/contact-ofac. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: https:// ofac.treasury.gov/. Background On March 4, 2025, OFAC issued GL 41A to authorize certain transactions otherwise prohibited by the Venezuela Sanctions Regulations (VSR), 31 CFR part 591. GL 41A had an expiration date of April 3, 2025. GL 41A replaced and superseded GL 41. On March 6, 2025, OFAC issued GL 5R, also authorizing certain transactions otherwise prohibited by the VSR. GL 5R replaced and superseded GL 5Q. On March 24, 2025, OFAC issued GL 41B, which replaced and superseded GL 41A. GL 41B has an expiration date of May 27, 2025. Each GL was made available on OFAC’s website (https:// ofac.treasury.gov) when it was issued. The text of these GLs is provided below. OFFICE OF FOREIGN ASSETS CONTROL Venezuela Sanctions Regulations 31 CFR Part 591 GENERAL LICENSE NO. 41A Authorizing the Wind Down of Certain Transactions Related to Chevron Corporation’s Joint Ventures in Venezuela (a) Except as provided in paragraph (b) of this general license, all transactions ordinarily incident and necessary to the wind down of transactions previously authorized by Venezuela General License 41 related to the operation and management by Chevron Corporation or its subsidiaries (‘‘Chevron’’) of Chevron’s joint ventures in Venezuela (collectively, the ‘‘Chevron JVs’’) involving Petro´leos de Venezuela, S.A. (PdVSA) or any entity in which PdVSA owns, directly or indirectly, a 50 percent or greater interest, that are prohibited by Executive Order (E.O.) 13850, as amended by E.O. 13857, or E.O. 13884, each as incorporated into the Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), are authorized through 12:01 a.m. eastern daylight time, April 3, 2025. (b) This general license does not authorize: (1) The payment of any taxes or royalties to the Government of Venezuela; (2) The payment of any dividends, including a dividend in kind, to PdVSA, or any entity in which PdVSA owns, directly or indirectly, a 50 percent or greater interest; (3) The sale of petroleum or petroleum products produced by or through the Chevron JVs for the exportation to any jurisdiction other than the United States; (4) Any transaction involving an entity located in Venezuela that is owned or controlled by an entity located in the Russian Federation; or (5) Any transactions otherwise prohibited by the VSR, including transactions involving any person blocked pursuant to the VSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. (c) Effective March 4, 2025, General License No. 41, dated November 26, 2022, is replaced and superseded in its entirety by this General License No. 41A. Note 1 to General License No. 41A. Nothing in this general license relieves any person from compliance with the requirements of other Federal agencies, including the Department of Commerce’s Bureau of Industry and Security. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. Dated: March 4, 2025. OFFICE OF FOREIGN ASSETS CONTROL Venezuela Sanctions Regulations 31 CFR Part 591 GENERAL LICENSE NO. 5R Authorizing Certain Transactions Related to the Petro´leos de Venezuela, S.A. 2020 8.5 Percent Bond on or After July 3, 2025 (a) Except as provided in paragraph (b) of this general license, on or after July 3, 2025, all transactions related to, the provision of financing for, and other dealings in the Petro´leos de Venezuela, S.A. 2020 8.5 Percent Bond that would be prohibited by subsection l(a)(iii) of Executive Order (E.O.) 13835 of May 21, 2018, as amended by E.O. 13857 of January 25, 2019, and incorporated into the Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), are authorized. (b) This general license does not authorize any transactions or activities otherwise prohibited by the VSR, or any other part of 31 CFR chapter V. (c) Effective March 6, 2025, General License No. 5Q, dated November 7, 2024, is replaced and superseded in its entirety by this General License No. 5R. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. Dated: March 6, 2025. OFFICE OF FOREIGN ASSETS CONTROL Venezuela Sanctions Regulations 31 CFR Part 591 GENERAL LICENSE NO. 41B Authorizing the Wind Down of Certain Transactions Related to Chevron Corporation’s Joint Ventures in Venezuela (a) Except as provided in paragraph (b) of this general license, all transactions ordinarily incident and necessary to the wind down of transactions previously authorized by Venezuela General License 41, issued on November 26, 2022, related to the operation and management by Chevron Corporation or its subsidiaries (‘‘Chevron’’) of Chevron’s joint ventures in Venezuela (collectively, the ‘‘Chevron JVs’’) involving Petro´leos de Venezuela, S.A. (PdVSA) or any entity in which PdVSA owns, directly or indirectly, a 50 percent or greater interest, that are prohibited by Executive Order (E.O.) 13850, as amended by E.O. 13857, or E.O. 13884, each as incorporated into the Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), are authorized through 12:01 a.m. eastern daylight time, May 27, 2025. (b) This general license does not authorize: (1) The payment of any taxes or royalties to the Government of Venezuela; (2) The payment of any dividends, including a dividend in kind, to PdVSA, or any entity in which PdVSA owns, directly or indirectly, a 50 percent or greater interest; (3) The sale of petroleum or petroleum products produced by or through the Chevron JVs for the exportation to any jurisdiction other than the United States; (4) Any transaction involving an entity located in Venezuela that is owned or controlled by an entity located in the Russian Federation; or (5) Any transactions otherwise prohibited by the VSR, including transactions involving any person blocked pursuant to the VSR other than VerDate Sep<11>2014 16:55 Jul 22, 2025 Jkt 265001 PO 00000 Frm 00007 Fmt 4700 Sfmt 4700 E:\FR\FM\23JYR1.SGM 23JYR1 khammond on DSK9W7S144PROD with RULES

34600 Federal Register / Vol. 90, No. 139 / Wednesday, July 23, 2025 / Rules and Regulations the blocked persons described in paragraph (a) of this general license, unless separately authorized. (c) Effective March 24, 2025, General License No. 41A, dated March 4, 2025, is replaced and superseded in its entirety by this General License No. 41B. Note 1 to General License No. 41B. Nothing in this general license relieves any person from compliance with the requirements of other Federal agencies, including the Department of Commerce’s Bureau of Industry and Security. Note 2 to General License No. 41B. Nothing in this general license authorizes any expansion of the Chevron JVs into new fields in Venezuela. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. Dated: March 24, 2025. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. [FR Doc. 2025–13846 Filed 7–22–25; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 594 Publication of Global Terrorism Sanctions Regulations Web General License 33 AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of a web general license. SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Global Terrorism Sanctions Regulations: GL 33, which was previously made available on OFAC’s website. DATES: GL 33 was issued on April 17, 2025. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Regulatory Affairs, 202–622–4855; or https:// ofac.treasury.gov/contact-ofac. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: https:// ofac.treasury.gov. Background On April 17, 2025, OFAC issued GL 33 to authorize certain transactions otherwise prohibited by the Global Terrorism Sanctions Regulations, 31 CFR part 594. This GL was made available on OFAC’s website (https:// ofac.treasury.gov) when it was issued. The text of this GL is provided below. OFFICE OF FOREIGN ASSETS CONTROL Global Terrorism Sanctions Regulations 31 CFR Part 594 GENERAL LICENSE NO. 33 Authorizing the Wind Down of Transactions Involving International Bank of Yemen (IBY) (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by the Global Terrorism Sanctions Regulations, 31 CFR part 594 (GTSR), that are ordinarily incident and necessary to the wind down of any transaction involving International Bank of Yemen (IBY), or any entity in which IBY owns, directly or indirectly, a 50 percent or greater interest, are authorized through 12:01 a.m. eastern daylight time, May 17, 2025, provided that any payment to a blocked person is made into a blocked account in accordance with the GTSR. (b) This general license does not authorize any transactions otherwise prohibited by the GTSR, including transactions involving any person blocked pursuant to the GTSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Lisa M. Palluconi, Acting Director. Office of Foreign Assets Control. Dated: April 17, 2025. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. [FR Doc. 2025–13835 Filed 7–22–25; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Part 165 [Docket Number USCG–2025–0649] RIN 1625–AA00 Safety Zone; Dyes Inlet, Silverdale, WA AGENCY: Coast Guard, DHS. ACTION: Temporary final rule. SUMMARY: The Coast Guard is establishing a temporary safety zone in the navigable waters of Dyes Inlet, Washington. The safety zone is needed to protect personnel, vessels, and the marine environment from potential hazards associated with a fireworks display. Entry of vessels or persons into this zone is prohibited unless specifically authorized by the Captain of the Port Sector Puget Sound. DATES: This rule is effective from 9:30 p.m. through 11 p.m. on July 25, 2025. ADDRESSES: To view documents mentioned in this preamble as being available in the docket, go to https:// www.regulations.gov, type USCG–2025– 0649 in the search box and click ‘‘Search.’’ Next, in the Document Type column, select ‘‘Supporting & Related Material.’’ FOR FURTHER INFORMATION CONTACT: If you have questions about this rule, call or email Lieutenant Anthony Pinto, Waterways Management Division, U.S. Coast Guard Sector Puget Sound; telephone 206–217–6051, email SectorPugetSoundWWM@uscg.mil. SUPPLEMENTARY INFORMATION: I. Table of Abbreviations CFR Code of Federal Regulations DHS Department of Homeland Security FR Federal Register NPRM Notice of proposed rulemaking § Section U.S.C. United States Code II. Background Information and Regulatory History The Coast Guard is issuing this temporary rule under the authority in 5 U.S.C. 553(b)(B). This statutory provision authorizes an agency to issue a rule without prior notice and opportunity to comment when the agency for good cause finds that those procedures are ‘‘impracticable, unnecessary, or contrary to the public interest.’’ The Coast Guard finds that good cause exists for not publishing a notice of proposed rulemaking (NPRM) with respect to this rule because prompt action is required to respond to potential hazards associated with a fireworks display in Dyes Inlet, Washington. This rule is an annual event in 33 CFR 165.1332; however, the request for this year’s safety zone was not received within the timeframe specified in that regulation. It is impracticable to publish an NPRM because we must establish this safety zone by July 25, 2025. Also, under 5 U.S.C. 553(d)(3), the Coast Guard finds that good cause exists for making this rule effective less than VerDate Sep<11>2014 16:55 Jul 22, 2025 Jkt 265001 PO 00000 Frm 00008 Fmt 4700 Sfmt 4700 E:\FR\FM\23JYR1.SGM 23JYR1 khammond on DSK9W7S144PROD with RULES