Venezuela General License 46A, "Authorizing Certain Activities Involving Venezuelan-Origin Oil"

Date issued: Feb. 10 2026

You've hit a wall. Sign in if you have an account, or learn more about TURBOFAC and subscription options.
TURBOFAC is a module of the compliance platform OverRuled. To learn more about OverRuled, visit www.overruled.com.

TURBOFAC Commentary (1854 words)

Notes:

[2-11-26 update - OFAC issued GL 46A to insert "excluding payments for local taxes, permits, or fees" in paragraph (a)(2), and see guidance at FAQ # 1237]

---

*This is one of several Venezuelan energy sector-related GLs issued since the U.S. military operation resulting in the capture of Nicolás Maduro. See Venezuela General License 46A, Venezuela General License 47, Venezuela General License 48, Venezuela General License 49 and Venezuela General License 50.

1) This is the first Venezuela-related GL issued by the second Trump Administration. It follows the U.S. naval “blockade” around Venezuela and seizure of oil tankers departing Venezuela, the military operation resulting in the capture of Nicolás Maduro, the elevation of Delcy Rodríguez from Vice President...