RegAlertRule · OFAC · 18 Mar 2026 · 20260318
Issuance of Venezuela-related General License 52 and FAQs 1245 and 1246
The Department of the Treasury's Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 52 to authorize certain transactions involving Petróleos de Venezuela, S.A. OFAC simultaneously released two new frequently asked questions, designated as FAQ 1245 and FAQ 1246, to provide further guidance on these regulations. These actions update the regulatory framework governing specific Venezuelan energy sector transactions under U.S. sanctions.
Release Date
03/18/2026
Recent Actions Body
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 52 , "Authorizing Certain Transactions Involving Petróleos de Venezuela, S.A." Additionally, OFAC is issuing two new Venezuela-related Frequently Asked Questions, FAQ 1245 and FAQ 1246 .
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Lineage: Amended
A newer document in RegAlert amends this one; it applies as amended.
The links and the sentences they come from (1)
- Amended by
“Effective June 10, 2026, General License No. 52, dated March 18, 2026, is replaced and superseded in its entirety by this General License No. 52A.”
Mentions (1): 1 document mentions this one without changing it
- Referred to by
- Publication of Venezuela Sanctions Regulations Web General Licenses 52, 53, 54, 55, 56, 57, and 582026 · OFAC
“On March 18, 2026, OFAC issued GL 52 to authorize certain transactions otherwise prohibited by the Venezuela Sanctions Regulations, 31 CFR part 591 (VSR).”
Timeline
Amended 1 time · last 2026-09-30
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Source: Office of Foreign Assets Control — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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