By Maya Lester KC & Michael O’Kane

OFAC issues Venezuela-Related General License and hostages regulations

OFAC today issued Venezuela-Related General License 40B, “Authorizing Certain Transactions Involving the Exportation or Reexportation of Liquefied Petroleum Gas to Venezuela” (notice): continuing the authorisation until 10 July 2024 of the exportation of liquefied petroleum gas to the government of Venezeula, Petróleos de Venezuela, S.A. (PdVSA) or any entity which owned by PdVSA. OFAC have also issued regulations (notice) to implement …

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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