2026-09-16 | 20260916

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General License No. 5Z: Authorizing Transactions Related to Petróleos de Venezuela, S.A. 2020 Bond

General License No. 5Z authorizes all transactions related to, the provision of financing for, and other dealings in the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or after November 5, 2026, which would otherwise be prohibited by Executive Order 13835 as incorporated into the Venezuela Sanctions Regulations. This authorization does not extend to any transactions or activities otherwise prohibited by the Venezuela Sanctions Regulations or any other part of 31 CFR chapter V. General License No. 5Z replaces and supersedes General License No. 5Y in its entirety, effective September 16, 2026.

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DEPARTMENT OF THE TREASURY
WASHINGTON, D.C.
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations
31 CFR Part 591
GENERAL LICENSE NO. 5Z
Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond on or After November 5, 2026 (a) Except as provided in paragraph (b) of this general license, on or after November 5, 2026, all transactions related to, the provision of financing for, and other dealings in the Petróleos 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of 31 CFR chapter V. (c) Effective September 16, 2026, General License No. 5Y, dated August 3, 2026, is replaced and superseded in its entirety by this General License No. 5Z. _________________________ Bradley T. Smith Director Office of Foreign Assets Control Dated: September 16, 2026

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