Venezuela General License 52C - Authorizing Certain Transactions Involving Petróleos de Venezuela, S.A.

Date issued: Sep. 14 2026

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TURBOFAC Commentary (558 words)

Notes:

[9-15-26 Update – GL amended to added authorization for “all transactions prohibited by the [VSR] that are ordinarily incident and necessary to the execution and signing of contracts, agreements, or other transaction documents by individuals blocked pursuant to the VSR, solely in their official capacity as officers, employees, or authorized representatives of PdVSA or PdVSA Entities, to effectuate transactions authorized by paragraph (a) of [the GL].” This covers transactions with individuals blocked pursuant to EO 13692 which are not otherwise covered by paragraph (a). GL also amended to exclude "Any transaction to affect or alter the governance of PDV Holding, Inc., Citgo Holding, Inc., or CITGO Petroleum Corporation, including the appointment, removal, or replacement of any director, officer, or other corporate governance official"].

[6-10-26 update – GL 46C, 47A, 48B, 50B, 51B, 52A, and...