Publication of Venezuela Sanctions Regulations Web General Licenses 30B and 51

DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 591 Publication of Venezuela Sanctions Regulations Web General Licenses 30B and 51. 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 two general licenses (GLs) issued pursuant to the Venezuela Sanctions Regulations:
GLs 30B and 51, each of which was previously made available on OFAC’s website. DATES: GL 30B was issued on February 10, 2026. 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 February 10, 2026, OFAC issued GL 30B to authorize certain transactions otherwise prohibited by the Venezuela Sanctions Regulations, 31 CFR part 591 (VSR). GL 30B replaced and superseded GL 30A. On March 6, 2026, OFAC issued GL 51, also to authorize certain transactions otherwise prohibited by the VSR. These GLs were made available on OFAC’s website (https:// ofac.treasury.gov) when they were issued. The text of these GLs is provided below. OFFICE OF FOREIGN ASSETS CONTROL Venezuela Sanctions Regulations 31 CFR Part 591 GENERAL LICENSE NO. 30B Authorizing Certain Transactions Necessary to Port and Airport Operations (a) Except as provided in paragraph (c) of this general license, all transactions and activities involving the Government of Venezuela prohibited by Executive Order (E.O.) 13884 of August 5, 2019, as incorporated into the Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), that are ordinarily incident and necessary to operations or use of ports and airports in Venezuela are authorized. (b) Except as provided in paragraph (c) of this general license, all transactions and activities prohibited by E.O. 13850 of November 1, 2018, as amended by E.O. 13857 of January 25, 2019, and incorporated into the VSR, involving the Instituto Nacional de los Espacios Acuaticos (INEA), or any entity in which INEA owns, directly or indirectly, a 50 percent or greater interest, that are ordinarily incident and necessary to operations or use of ports and airports in Venezuela are authorized. (c) This general license does not authorize any transactions or activities otherwise prohibited by the VSR, or any other part of 31 CFR chapter V, or any transactions or activities with any blocked person other than INEA, or any entity in which INEA owns, directly or indirectly, a 50 percent or greater interest, or any Government of Venezuela person that is blocked solely pursuant to E.O. 13884, unless separately authorized. (d) Effective February 10, 2026, General License No. 30A, dated February 2, 2021, is replaced and superseded in its entirety by this General License No. 30B. Note to General License No. 30B: Nothing in this general license relieves any exporter from compliance with the requirements of other Federal agencies, including the Department of Commerce’s Bureau of Industry and Security. Bradley T. Smith, Director, Office of Foreign Assets Control. Dated: February 10, 2026. OFFICE OF FOREIGN ASSETS CONTROL Venezuela Sanctions Regulations 31 CFR Part 591 GENERAL LICENSE NO. 51 Authorizing Certain Activities Involving Venezuelan-Origin Gold (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by the Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), including those involving the Government of Venezuela, CVG Compania General de Mineria de Venezuela
CA (Minerven), or any entity in which Minerven owns, directly or indirectly, a 50 percent or greater interest (collectively, ‘‘Minerven Entities’’), that are ordinarily incident and necessary to the exportation, sale, supply, storage, purchase, delivery, or transportation of Venezuelan-origin gold for importation into the United States, the refining of such gold in the United States, and the resale or exportation of such gold from the United States, by an established U.S. entity, are authorized, provided that:
(1) Any contract for such transactions with the Government of Venezuela, Minerven, or Minerven Entities specify that the laws of the United States or any jurisdiction within the United States govern the contract and that any dispute resolution under the contract occur in the United States; and (2) Any monetary payment to a blocked person, excluding payments for local taxes, permits, or fees, is made into the Foreign Government Deposit Funds, as specified in Executive Order 14373 of January 9, 2026, or any other account as instructed by the U.S. Department of the Treasury.

Note 1 to Paragraph (a). For purposes of this general license, the term ‘‘established U.S. entity’’ means any entity organized under the laws of the United States or any jurisdiction within the United States on or before January 29, 2025. Note 2 to Paragraph (a). Transactions authorized by paragraph (a) include conducting commercial, legal, technical, safety, and environmental due diligence and assessments ordinarily incident to the activity authorized in paragraph (a). Transactions authorized by paragraph (a) also include arranging shipping and logistics services, including chartering vessels, arranging security services, obtaining marine insurance and protection and indemnity (P&I) coverage, and arranging port and terminal services, including with port authorities or terminal operators that are part of the Government of Venezuela. (b) This general license does not authorize:
(1) Payment terms that are not commercially reasonable, involve debt swaps or in-kind payments, or are denominated in digital currency, digital coin, or digital tokens issued by, for, or on behalf of the Government of Venezuela, including the petro; (2) Any transaction involving a person located in or organized under the laws of the Russian Federation, the Islamic Republic of Iran, the Democratic People’s Republic of Korea, the Republic of Cuba, or any entity that is owned or controlled, directly or indirectly, by or in a joint venture with such persons; (3) Any transaction involving an entity located in or organized under the laws of Venezuela or the United States that is owned or controlled, directly or indirectly, by or in a joint venture with a person located in or organized under the laws of the People’s Republic of China; (4) The unblocking of any property blocked pursuant to the VSR; (5) Any transaction involving a blocked vessel; or (6) Mining, exploration, production, or refining of gold in Venezuela or the formation of joint ventures or other entities in Venezuela to engage in the foregoing activities. (c) Any person that exports, reexports, sells, resells, purchases, or supplies Venezuelan-origin gold pursuant to this general license must provide a detailed report to Sanctions_inbox@state.gov and ofac_intake@doi.gov that identifies, for each of these transactions:
(1) The parties involved; (2) Documentation demonstrating supply chain due diligence plans to determine the chain of custody of the gold; (3) Quantities, descriptions, and purchase prices of the gold; (4) The dates the transactions occurred; and (5) Any taxes, fees, or other payments provided to the Government of Venezuela. (d) Reports described in paragraph (c) are due ten days after the execution of the first of such transactions and every 30 days thereafter while such transactions are ongoing. Note to General License No. 51. 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. Bradley T. Smith, Director, Office of Foreign Assets Control. Dated: March 6, 2026. Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2026–18569 Filed 9–10–26; 8:45 am] BILLING CODE P