Rule2026-18569
Publication of Venezuela Sanctions Regulations Web General Licenses 30B and 51.
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
September 11, 2026
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
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.
Full Text
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<title>Federal Register, Volume 91 Issue 175 (Friday, September 11, 2026)</title>
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[Federal Register Volume 91, Number 175 (Friday, September 11, 2026)]
[Rules and Regulations]
[Pages 57793-57794]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-18569]
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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 30B and 51.
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 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 <a href="https://ofac.treasury.gov/contact-ofac">https://ofac.treasury.gov/contact-ofac</a>.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: <a href="https://ofac.treasury.gov/">https://ofac.treasury.gov/</a>.
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 GL 30B replaced and superseded GL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 (<a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>) 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.
[[Page 57794]]
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 <a href="/cdn-cgi/l/email-protection#88dbe9e6ebfce1e7e6fbd7e1e6eae7f0c8fbfce9fceda6efe7fe"><span class="__cf_email__" data-cfemail="abf8cac5c8dfc2c4c5d8f4c2c5c9c4d3ebd8dfcadfce85ccc4dd">[email protected]</span></a> and
<a href="/cdn-cgi/l/email-protection#741b1215172b1d1a00151f1134101b1d5a131b02"><span class="__cf_email__" data-cfemail="6e01080f0d3107001a0f050b2e0a010740090118">[email protected]</span></a> 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
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</html>Indexed from Federal Register on September 11, 2026.
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