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OFAC Continues to Extend Authorizations Under Russia General License 13
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VEA / UN The Office for the Control of Foreign Assets (OFAC) of the U.S. Treasury Department issued a new license and authorizes all transactions that are ordinary, incidental and necessary for the delivery and discharge of liquefied petroleum gas (LPG) in Venezuela until 12:01 a.m. on September 5, 2025. The measure includes transactions involving the Government of the Bolivarian Republic of Venezuela, Petróleos de Venezuela, S.A. (PDVSA) or any…
OFAC Continues to Extend Authorizations Under Russia General License 13
On July 8, 2025, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) again extended previous Russia-related General License (GL) 13 by issuing a revised GL 13N, “Authorizing Certain Administrative Transactions Prohibited by Directive 4 under Executive Order 14024,” which states that U.S. persons are authorized to pay taxes, fees, or import duties, and purchase or receive permits, licenses, registrations, certifications, or t…
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