By Maya Lester KC & Michael O’Kane

OFAC amends Venezuela licence to restrict 5 US oil companies’ PdVSA activities

OFAC has issued General Licence 8F, so as to narrow the authorisation for 5 American oil and gas companies, allowing them to conduct only oil-related transactions and activities incident and necessary to the limited maintenance of essential operations and contracts in Venezuela that (i) are for the safety/preservation of assets in Venezuela, (ii) involve PdVSA, or (iii) were in effect …

VenezuelaVenezuela United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

See profile for Michael O'Kane >

Share this page on: