GL 44A: Authorising Certain Transactions Related to Oil or Gas Sector Operations in Venezuela
Plain-English analysis of OFAC GL 44A for Venezuela: what the license covers, why it matters, source links, and related sanctions context.
License Details
Plain-English Summary
A broader licence covering oil and gas sector transactions, periodically reissued with attached terms reflecting the political context (e.g. electoral conditionality).
AI-Assisted Analysis
GL 44A 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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General licenses issued, amended, or revoked — delivered within hours of publication.
Get notified when OFAC licenses change
General licenses issued, amended, or revoked — delivered within hours of publication.
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