Rule2023-00346
Publication of Venezuela Sanctions Regulations Web General Licenses 12, 13, and Subsequent Iterations
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 13, 2023
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing seven general licenses (GLs) issued in the Venezuela Sanctions program: GLs 12, 13, 13A, 13B, 13C, 13D, and 13E, each of which was previously made available on OFAC's website and is now expired.
Full Text
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<title>Federal Register, Volume 88 Issue 9 (Friday, January 13, 2023)</title>
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[Federal Register Volume 88, Number 9 (Friday, January 13, 2023)]
[Rules and Regulations]
[Pages 2234-2237]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-00346]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions Regulations Web General
Licenses 12, 13, and Subsequent Iterations
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing seven general licenses (GLs) issued in the
Venezuela Sanctions program: GLs 12, 13, 13A, 13B, 13C, 13D, and 13E,
each of which was previously made available on OFAC's website and is
now expired.
DATES: GLs 12 and 13 were issued on January 28, 2019. See SUPPLEMENTARY
[[Page 2235]]
INFORMATION for additional relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs,
202-622-4855; or Assistant Director for Sanctions Compliance &
Evaluation, 202-622-2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: <a href="http://www.treas.gov/ofac">www.treas.gov/ofac</a>.
Background
On January 28, 2019, OFAC issued GLs 12 and 13 to authorize certain
transactions otherwise prohibited by Executive Order (E.O.) 13850 of
November 1, 2018, ``Blocking Property of Additional Persons
Contributing to the Situation in Venezuela'' (83 FR 55243, November 2,
2019). Subsequently, OFAC issued five further iterations of GL 13 which
extended the duration and modified the scope of the authorization: on
June 6, 2019, OFAC issued GL 13A which superseded GL 13; on June 26,
2019, OFAC issued GL 13B, which superseded GL 13A; on August 5, 2019,
OFAC issued GL 13C, which superseded GL 13B; on October 17, 2019, OFAC
issued GL 13D, which superseded GL 13C; and on April 3, 2020, OFAC
issued GL 13E, which superseded GL 13D. On November 22, 2019, OFAC
incorporated the prohibitions of E.O. 13850, as well as any other
Executive orders issued pursuant to the national emergency declared in
Executive Order 13692 of March 8, 2015, into the Venezuelan Sanctions
Regulations, 31 CFR part 591. Each GL was made available on OFAC's
website (<a href="http://www.treas.gov/ofac">www.treas.gov/ofac</a>) when it was issued. The text of these GLs
is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE NO. 12
Authorizing Certain Activities Necessary To Wind Down of Operations or
Existing Contracts With Petr[oacute]leos de Venezuela, S.A. (PdVSA)
(a) Except as provided in paragraphs (c) and (d) of this general
license, all transactions and activities prohibited by Executive Order
13850 that are ordinarily incident and necessary to the purchase and
importation into the United States of petroleum and petroleum products
from PdVSA or any entity in which PdVSA owns, directly or indirectly, a
50 percent or greater interest are authorized through 12:01 a.m.
eastern daylight time, April 28, 2019.
(b) Except as provided in paragraphs (c) and (d) of this general
license, all transactions and activities prohibited by Executive Order
13850 that are ordinarily incident and necessary to the wind down of
operations, contracts, or other agreements, including the importation
into the United States of goods, services, or technology not authorized
in paragraph (a) of this general license, involving PdVSA or any entity
in which PdVSA owns, directly or indirectly, a 50 percent or greater
interest and that were in effect prior to January 28, 2019 are
authorized through 12:01 a.m. eastern standard time, February 27, 2019.
(c) Except as authorized by Venezuela General Licenses 7, 8, 11, or
13, any payment to or for the direct or indirect benefit of a blocked
person that is ordinarily incident and necessary to give effect to a
transaction authorized in paragraph (a) of this general license must be
made into a blocked, interest-bearing account located in the United
States in accordance with 31 CFR part 591.
(d) This general license does not authorize:
(1) The divestiture or transfer of any debt, equity, or other
holdings in, to, or for the benefit of the blocked persons identified
above;
(2) The exportation or reexportation of any diluents from the
United States to Venezuela, PdVSA, or any entity in which PdVSA owns,
directly or indirectly, a 50 percent or greater interest;
(3) Any transactions or dealings with ALBA de Nicaragua (ALBANISA)
or any entity in which ALBANISA owns, directly or indirectly, a 50
percent or greater interest; or
(4) Any transactions or dealings otherwise prohibited by Executive
Order 13850 of November 1, 2018, Executive Order 13835 of May 21, 2018,
Executive Order 13827 of March 19, 2018, Executive Order 13808 of
August 24, 2017, Executive Order 13692 of March 8, 2015, or any part of
31 CFR chapter V, or any transactions or dealings with any blocked
person other than the blocked persons identified in paragraph (a) of
this general license.
Andrea Gacki, Director, Office of Foreign Assets Control,
Dated: January 28, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE NO. 13
Authorizing Certain Activities Involving Nynas AB
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities prohibited by Executive Order 13850,
where the only Petr[oacute]leos de Venezuela, S.A. (PdVSA) entities
involved are Nynas AB or any of its subsidiaries, are authorized
through 12:01 a.m. eastern daylight time, July 27, 2019.
(b) Except as authorized by Venezuela General License 11, any
payment to or for the direct or indirect benefit of a blocked person
other than Nynas AB or any of its subsidiaries that is ordinarily
incident and necessary to give effect to transactions authorized in
paragraph (a) of this general license and that come into the possession
or control of any U.S. person must be placed into a blocked, interest-
bearing account located in the United States in accordance with 31 CFR
591.203.
(c) This general license does not authorize:
(1) Any exportation or reexportation of any goods, services, or
technology, directly or indirectly, by U.S. persons, wherever located,
or from the United States, to PdVSA or any entity owned 50 percent or
more, directly or indirectly, by PdVSA, other than Nynas AB or any of
its subsidiaries, or to any other blocked persons;
(2) Any transaction that is otherwise prohibited under Executive
Order 13850 of November 1, 2018, Executive Order 13835 of May 21, 2018,
Executive Order 13827 of March 19, 2018, Executive Order 13808 of
August 24, 2017, Executive Order 13692 of March 8, 2015, or any part of
31 CFR chapter V, or any transactions or dealings with any blocked
person other than the transactions described in paragraph (a) of this
general license; or
(3) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a).
Andrea Gacki, Director, Office of Foreign Assets Control.
Dated: January 28, 2019.
[[Page 2236]]
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE NO. 13A
Authorizing Certain Activities Involving Nynas AB
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities prohibited by Executive Order (E.O.)
13850, as amended by E.O. 13857 of January 25, 2019, where the only
Petr[oacute]leos de Venezuela, S.A. (PdVSA) entities involved are Nynas
AB or any of its subsidiaries, are authorized through 12:01 a.m.
eastern daylight time, July 27, 2019.
(b) Except as authorized by Venezuela General License 11, any
payment to or for the direct or indirect benefit of a blocked person
other than Nynas AB or any of its subsidiaries that is ordinarily
incident and necessary to give effect to transactions authorized in
paragraph (a) of this general license and that come into the possession
or control of any U.S. person must be placed into a blocked, interest-
bearing account located in the United States in accordance with 31 CFR
591.203.
(c) This general license does not authorize:
(1) Any exportation or reexportation of any goods, services, or
technology, directly or indirectly, by U.S. persons, wherever located,
or from the United States, to PdVSA or any entity owned 50 percent or
more, directly or indirectly, by PdVSA, other than Nynas AB or any of
its subsidiaries, or to any other blocked persons;
(2) Any transactions or dealings related to the exportation or
reexportation of diluents, directly or indirectly, to Venezuela;
(3) Any transaction that is otherwise prohibited by E.O. 13850,
E.O. 13835 of May 21, 2018, E.O. 13827 of March 19, 2018, E.O. 13808 of
August 24, 2017, E.O. 13692 of March 8, 2015, each as amended by E.O.
13857, or any part of 31 CFR. chapter V, or any transactions or
dealings with any blocked person other than the transactions described
in paragraph (a) of this general license; or
(4) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a).
(e) Effective June 6, 2019, General License 13, dated January 28,
2019, is replaced and superseded in its entirety by this General
License No. 13A.
Andrea Gacki, Director, Office of Foreign Assets Control,
Dated: June 6, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE NO. 13B
Authorizing Certain Activities Involving Nynas AB
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities prohibited by Executive Order (E.O.)
13850, as amended by E.O. 13857 of January 25, 2019, where the only
Petr[oacute]leos de Venezuela, S.A. (PdVSA) entities involved are Nynas
AB or any of its subsidiaries, are authorized through 12:01 a.m.
eastern daylight time, October 25, 2019.
(b) Except as authorized by Venezuela General License 11, any
payment to or for the direct or indirect benefit of a blocked person
other than Nynas AB or any of its subsidiaries that is ordinarily
incident and necessary to give effect to transactions authorized in
paragraph (a) of this general license and that come into the possession
or control of any U.S. person must be placed into a blocked, interest-
bearing account located in the United States in accordance with 31 CFR
591.203.
(c) This general license does not authorize:
(1) Any exportation or reexportation of any goods, services, or
technology, directly or indirectly, by U.S. persons, wherever located,
or from the United States, to PdVSA or any entity owned 50 percent or
more, directly or indirectly, by PdVSA, other than Nynas AB or any of
its subsidiaries, or to any other blocked persons;
(2) Any transactions or dealings related to the exportation or
reexportation of diluents, directly or indirectly, to Venezuela;
(3) Any transaction that is otherwise prohibited by E.O. 13850,
E.O. 13835 of May 21, 2018, E.O. 13827 of March 19, 2018, E.O. 13808 of
August 24, 2017, E.O. 13692 of March 8, 2015, each as amended by E.O.
13857, or any part of 31 CFR. chapter V, or any transactions or
dealings with any blocked person other than the transactions described
in paragraph (a) of this general license; or
(4) The unblocking of any property blocked pursuant to any part of
31 CFR. chapter V, except as authorized by paragraph (a).
(e) Effective June 26, 2019, General License 13A, dated June 6,
2019, is replaced and superseded in its entirety by this General
License No. 13B.
Andrea Gacki, Director, Office of Foreign Assets Control,
Dated: June 26, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
Executive Order of August 5, 2019
Blocking Property of the Government of Venezuela
GENERAL LICENSE NO. 13C
Authorizing Certain Activities Involving Nynas AB
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities prohibited by Executive Order 13850
(E.O.) 13850, as amended by E.O. 13857 of January 25, 2019, or E.O. of
August 5, 2019, where the only Government of Venezuela entities
involved are Nynas AB or any of its subsidiaries, are authorized
through 12:01 a.m. eastern daylight time, October 25, 2019.
(b) Except as authorized by Venezuela General License 11, any
payment to or for the direct or indirect benefit of a blocked person
other than Nynas AB or any of its subsidiaries that is ordinarily
incident and necessary to give effect to transactions authorized in
paragraph (a) of this general license and that come into the possession
or control of any U.S. person must be placed into a blocked, interest-
bearing account located in the United States in accordance with 31 CFR
591.203.
(c) This general license does not authorize:
(1) Any exportation or reexportation of any goods, services, or
technology, directly or indirectly, by U.S. persons, wherever located,
or from the United States, to the Government of Venezuela, other than
to Nynas AB or any of its subsidiaries, or to any other blocked
persons;
(2) Any transactions or dealings related to the exportation or
reexportation of diluents, directly or indirectly, to Venezuela;
(3) Any transaction that is otherwise prohibited by E.O. of August
5, or E.O. 13850, E.O. 13835 of May 21, 2018, E.O. 13827 of March 19,
2018, E.O. 13808 of August 24, 2017, or E.O. 13692 of March 8, 2015,
each as amended by E.O. 13857, or any part of 31 CFR. chapter V, or any
[[Page 2237]]
transactions or dealings with any blocked person other than the
transactions described in paragraph (a) of this general license; or
(4) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a).
(c) Effective August 5, 2019, General License 13B, dated June 26,
2019, is replaced and superseded in its entirety by this General
License No. 13C.
Andrea Gacki, Director, Office of Foreign Assets Control,
Dated: August 5, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
Executive Order 13884 of August 5, 2019
Blocking Property of the Government of Venezuela
GENERAL LICENSE NO. 13D
Authorizing Certain Activities Involving Nynas AB
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities prohibited by Executive Order (E.O.)
13850, as amended by E.O. 13857 of January 25, 2019, or E.O. 13884,
where the only Government of Venezuela entities involved are Nynas AB
or any of its subsidiaries, are authorized through 12:01 a.m. eastern
daylight time, April 14, 2020.
(b) Any payment to or for the direct or indirect benefit of a
blocked person other than Nynas AB or any of its subsidiaries that is
ordinarily incident and necessary to give effect to transactions
authorized in paragraph (a) of this general license and that come into
the possession or control of any U.S. person must be placed into a
blocked, interest-bearing account located in the United States in
accordance with 31 CFR 591.203.
(c) This general license does not authorize:
(1) Any exportation or reexportation of any goods, services, or
technology, directly or indirectly, by U.S. persons, wherever located,
or from the United States, to the Government of Venezuela, other than
to Nynas AB or any of its subsidiaries, or to any other blocked
persons;
(2) Any transactions or dealings related to the exportation or
reexportation of diluents, directly or indirectly, to Venezuela;
(3) Any transactions or dealings related to the purchase or
acquisition of Venezuelan- origin petroleum or petroleum products,
directly or indirectly, by Nynas AB or any of its subsidiaries;
(4) Any transaction that is otherwise prohibited by E.O. 13884, or
E.O. 13850, E.O. 13835 of May 21, 2018, E.O. 13827 of March 19, 2018,
E.O. 13808 of August 24, 2017, or E.O. 13692 of March 8, 2015, each as
amended by E.O. 13857, or any part of 31 CFR. chapter V, or any
transactions or dealings with any blocked person other than the
transactions described in paragraph (a) of this general license; or
(5) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a).
(d) Effective October 17, 2019, General License 13C, dated August
5, 2019, is replaced and superseded in its entirety by this General
License No. 13D.
Bradley T. Smith, Deputy Director, Office of Foreign Assets Control,
Dated: October 17, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations
31 CFR Part 591
GENERAL LICENSE NO. 13E
Authorizing Certain Activities Involving Nynas AB
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities prohibited by Executive Order (E.O.)
13850 of November 1, 2018, as amended by E.O. 13857 of January 25,
2019, or E.O. 13884 of August 5, 2019, each as incorporated into the
Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), where the
only Government of Venezuela entities involved are Nynas AB or any of
its subsidiaries, are authorized through 12:01 a.m. eastern daylight
time, May 14, 2020.
(b) Any payment to or for the direct or indirect benefit of a
blocked person other than Nynas AB or any of its subsidiaries that is
ordinarily incident and necessary to give effect to transactions
authorized in paragraph (a) of this general license and that come into
the possession or control of any U.S. person must be placed into a
blocked, interest-bearing account located in the United States in
accordance with 31 CFR 591.203.
(c) This general license does not authorize:
(1) Any exportation or reexportation of any goods, services, or
technology, directly or indirectly, by U.S. persons, wherever located,
or from the United States, to the Government of Venezuela, other than
to Nynas AB or any of its subsidiaries, or to any other blocked
persons;
(2) Any transactions or dealings related to the exportation or
reexportation of diluents, directly or indirectly, to Venezuela;
(3) Any transactions or dealings related to the purchase or
acquisition of Venezuelan-origin petroleum or petroleum products,
directly or indirectly, by Nynas AB or any of its subsidiaries;
(4) 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 the blocked persons
identified in paragraph (a) of this general license; or
(5) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a).
(d) Effective April 3, 2020, General License No. 13D, dated October
17, 2019, is replaced and superseded in its entirety by this General
License No. 13E.
Andrea Gacki, Director, Office of Foreign Assets Control,
Dated: April 3, 2020.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-00346 Filed 1-12-23; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on January 13, 2023.
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