OFAC Venezuela general license analysis

GL 10A: Authorizing the Purchase in Venezuela of Refined Petroleum Products from Petróleos de Venezuela, S.A.

Plain-English analysis of OFAC GL 10A for Venezuela: what the license covers, why it matters, source links, and related sanctions context.

License Details

LicenseGL 10A
OFAC titleAuthorizing the Purchase in Venezuela of Refined Petroleum Products from Petróleos de Venezuela, S.A.
Coverageoil-gas, energy
StatusCheck current OFAC text
OFAC listing dateAugust 05, 2019
Last checked2026-06-29 20:55 UTC
SourceOFAC source

Plain-English Summary

Tracks OFAC authorization for Venezuela energy, oil-and-gas, or PdVSA-related activity. The official license text controls the exact counterparties, payments, and limits.

AI-Assisted Analysis

GL 10A is part of the Venezuela energy-sanctions framework. Investors should treat it as a permissions boundary for oil, gas, PDVSA, or service-company exposure rather than as broad sanctions relief.

Internal Context

Track related updates in the Venezuela sanctions tracker, compare active licenses in the general-license directory, and screen counterparties with the OFAC Venezuela sanctions checker.

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