License Details
LicenseGL 13H
OFAC titleAuthorising Certain Administrative Transactions Involving Nynas AB
Coverageenergy, Europe, wind-down
StatusPeriodically reissued
SourceCurated Caracas Research entry
Plain-English Summary
Permits ongoing administrative transactions necessary for the operation of Nynas, a Swedish refining group historically linked to PdVSA.
AI-Assisted Analysis
GL 13H 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.
- Amendments, extensions, or replacement license numbers
- Counterparty limits involving PdVSA, Venezuelan state entities, or blocked persons
- Wind-down dates, reporting requirements, and payment restrictions
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.