Federal Register / Vol. 88, No. 215 / Wednesday, November 8, 2023 / Rules and Regulations 76991 

SUPPLEMENT NO. 7 TO PART 748—AUTHORIZATION VALIDATED END-USER (VEU): LIST OF VALIDATED END-USERS, RESPECTIVE ITEMS ELIGIBLE FOR EXPORT, REEXPORT AND TRANSFER (IN-COUNTRY), AND ELIGIBLE DESTINATIONS— 

Continued 

Country Validated end-user Eligible items (by ECCN) Eligible destination Federal Register citation 

*******

Karen H. Nies-Vogel, 

Director, Office of Exporter Services. 

[FR Doc. 2023–23312 Filed 11–7–23; 8:45 am] 

BILLING CODE 3510–33–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

31 CFR Part 591 

Publication of Venezuela Sanctions 

Regulations Web General Licenses 3I, 

5M, 9H, 43, 44, and 45 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Publication of Web General 

Licenses. 

SUMMARY: The Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing six 

general licenses (GLs) issued pursuant 

to the Venezuela Sanctions Regulations: 

GLs 3I, 5M, 9H, 43, 44, and 45, each of 

which was previously made available 

on OFAC’s website. 

DATES: GLs 3I, 5M, 9H, 43, 44, and 45 

were issued on October 18, 2023. See 

SUPPLEMENTARY INFORMATION for 

additional relevant dates. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Assistant Director for Licensing, 

202–622–2480; Assistant Director for 

Regulatory Affairs, 202–622–4855; or 

Assistant Director for Compliance, 202– 

622–2490. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

This document and additional 

information concerning OFAC are 

available on OFAC’s website: https://

ofac.treasury.gov. 

Background 

On October 18, 2023, OFAC issued 

GLs 3I, 5M, 9H, 43, 44, and 45 to 

authorize certain transactions otherwise 

prohibited by the Venezuela Sanctions 

Regulations (VSR), 31 CFR part 591, or 

authorities incorporated therein. Each 

GL was made available on OFAC’s 

website (https://ofac.treasury.gov) when 

it was issued. GL 3I supersedes GL 3H, 

which was issued on May 12, 2020. GL 

5M supersedes GL 5L, which was issued 

on July 19, 2023. GL 9H supersedes GL 

9G, which was issued May 12, 2020. GL 

44 has an expiration date of April 18, 

2024. The text of these GLs is provided 

below. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Venezuela Sanctions Regulations 

31 CFR Part 591 

GENERAL LICENSE NO. 3I 

Authorizing Transactions Related to, 

Provision of Financing for, and Other 

Dealings in Certain Bonds 

(a) Except as provided in paragraphs 

(e) and (f) of this general license, all 

transactions related to, the provision of 

financing for, and other dealings in 

bonds specified in the Annex to this 

general license (GL 3I Bonds) that 

would be prohibited by Subsection 

1(a)(iii) of Executive Order (E.O.) 13808 

of August 24, 2017 or by E.O. 13850 of 

November 1, 2018, each as amended by 

E.O. 13857 of January 25, 2019, or by 

E.O. 13884 of August 5, 2019, as 

collectively incorporated into the 

Venezuela Sanctions Regulations, 31 

CFR part 591 (the VSR), are authorized, 

including, on or after October 18, 2023, 

divestment or transfer of, or facilitation 

of divestment or transfer of, any 

holdings in such bonds to a U.S. person. 

(b) Except as provided in paragraph (f) 

of this general license, U.S. persons are 

authorized to engage in all transactions 

prohibited by Subsection 1(a)(iii) of E.O. 

13808 or by E.O. 13850, each as 

amended, or by E.O. 13884, as 

collectively incorporated into the VSR, 

that are ordinarily incident and 

necessary to facilitating, clearing, and 

settling trades of holdings in GL 3I 

Bonds, provided such trades were 

placed prior to 4:00 p.m. eastern 

standard time on February 1, 2019. 

(c) Except as provided in paragraph (f) 

of this general license, all transactions 

and activities prohibited by Subsection 

1(a)(iii) of E.O. 13808 or by E.O. 13850, 

each as amended, or by E.O. 13884, as 

collectively incorporated into the VSR, 

that are ordinarily incident and 

necessary to the wind down of financial 

contracts or other agreements that were 

entered into prior to 4:00 p.m. eastern 

standard time on February 1, 2019, 

involving, or linked to, GL 3I Bonds are 

authorized. This authorization is valid 

through 12:01 a.m. eastern daylight 

time, March 31, 2020. 

(d) Except as provided in paragraph 

(f) of this general license, all 

transactions related to, the provision of 

financing for, and other dealings in 

bonds that were issued both (i) prior to 

August 25, 2017 (the effective date of 

E.O. 13808), and (ii) by U.S. person 

entities owned or controlled, directly or 

indirectly, by the Government of 

Venezuela, other than PDV Holding, Inc. 

(PDVH), CITGO Holding, Inc., and any 

of their subsidiaries, that would be 

prohibited by E.O. 13808 or E.O. 13850, 

each as amended, or by E.O. 13884, as 

collectively incorporated into the VSR, 

are authorized. 

(e) Paragraph (a) of this general 

license does not authorize U.S. persons 

to sell, or to facilitate the sale of, GL3I 

Bonds to, directly or indirectly, any 

person whose property and interests in 

property are blocked pursuant to the 

VSR. 

(f) This general license does not 

authorize: 

(1) The unblocking of any property 

blocked pursuant to the VSR, or any 

other part of 31 CFR chapter V, except 

as authorized by paragraphs (a), (b), (c), 

and (d); or 

(2) Any transactions or activities 

otherwise prohibited by the VSR, or any 

other part of 31 CFR chapter V, or any 

transactions or activities with any 

blocked persons other than transactions 

or activities involving the Government 

of Venezuela, including Banco Central 

de Venezuela, that are described in this 

general license. 

(g) Effective October 18, 2023, General 

License No. 3H, dated May 12, 2020, is 

replaced and superseded in its entirety 

by this General License No. 3I. 

Bradley T. Smith, 

Director, 

Office of Foreign Assets Control. 

Dated: October 18, 2023. 

Annex—Venezuela-Related Bonds 

Described in Paragraph (a) of General 

License 3I (GL 3I Bonds) 

List of GL 3I Bonds, as of October 18, 

2023: 


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76992 Federal Register / Vol. 88, No. 215 / Wednesday, November 8, 2023 / Rules and Regulations 

ISIN CUSIP Issuer name Cpn Issue 

date Maturity 

XS0082274118 ................ EC0634765 .... Pulp & Paper International Invts Ltd ......................... 8.5 12/2/1997 12/2/2002 

XS0838835451 ................ EJ4041160 ..... Republic of Venezuela 11.75% Euro-Dollar Bonds 

2026 Ltd/The.

11.75 10/3/2012 10/21/2026 

XS0504851535 ................ EI2372072 ..... Republic of Venezuela 8.25% Bonds 2024 Ltd/The 8.25 4/30/2010 10/13/2024 

XS0838864808 ................ EJ4040618 ..... Republic of Venezuela 8.25% Bonds 2024 Ltd/The 8.25 10/3/2012 10/13/2024 

USN7992HAA07 .............. EF3856640 .... Sidetur Finance BV ................................................... 10 5/3/2006 4/20/2016 

US825870AA62 ............... 825870AA6 .... Sidetur Finance BV ................................................... 10 5/3/2006 4/20/2016 

XS0081483090 ................ 922655BR5 .... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2017 

XS0081484817 ................ GG7366808 ... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2021 

XS0081487166 ................ 922655CJ2 .... Venezuela Global Strip ............................................. 0 9/18/1997 3/15/2026 

XS0081483843 ................ 922655BV6 .... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2019 

XS0081483504 ................ 922655BU8 .... Venezuela Global Strip ............................................. 0 9/18/1997 3/15/2019 

XS0081486861 ................ 922655CH6 .... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2025 

XS0081484064 ................ 922655BW4 ... Venezuela Global Strip ............................................. 0 9/18/1997 3/15/2020 

XS0081483413 ................ 922655BT1 .... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2018 

XS0081487240 ................ 922655CK9 .... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2026 

XS0081486515 ................ 922655CG8 ... Venezuela Global Strip ............................................. 0 9/18/1997 3/15/2025 

XS0081484908 ................ 922655CA1 .... Venezuela Global Strip ............................................. 0 9/18/1997 3/15/2022 

XS0081485202 ................ 922655CB9 .... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2022 

XS0081485467 ................ 922655CD5 .... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2023 

XS0081483330 ................ 922655BS3 .... Venezuela Global Strip ............................................. 0 9/18/1997 3/15/2018 

XS0081486192 ................ 922655CF0 .... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2024 

XS0081484221 ................ 922655BX2 .... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2020 

XS0081485541 ................ 922655CE3 .... Venezuela Global Strip ............................................. 0 9/18/1997 3/15/2024 

XS0081484650 ................ 922655BY0 .... Venezuela Global Strip ............................................. 0 9/18/1997 3/15/2021 

XS0081485384 ................ 922655CC7 .... Venezuela Global Strip ............................................. 0 9/18/1997 3/15/2023 

XS0081487679 ................ 922655CL7 .... Venezuela Global Strip ............................................. 0 9/18/1997 3/15/2027 

XS0081469008 ................ 922655CS2 .... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2027 

XS0081487836 ................ 922655CM5 ... Venezuela Global Strip ............................................. 0 9/18/1997 9/15/2027 

XS0081469859 ................ 922655CR4 .... Venezuela Global Strip ............................................. 0 (*) ........... 9/15/2027 

XS0081488644 ................ 922655CQ6 ... Venezuela Global Strip ............................................. 0 (*) ........... 9/15/2027 

XS0029484788 ................ EF3043504 .... Venezuela Government International Bond .............. 0 12/18/ 

1990.

4/15/2020 

XS0029484861 ................ EF3042142 .... Venezuela Government International Bond .............. 0 12/18/ 

1990.

4/15/2020 

XS0029484515 ................ EF3043546 .... Venezuela Government International Bond .............. 0 12/18/ 

1990.

4/15/2020 

XS0029485322 ................ TT3352321 .... Venezuela Government International Bond .............. 0 12/18/ 

1990.

4/15/2020 

XS0029484945 ................ TT2005359 .... Venezuela Government International Bond .............. 0 12/18/ 

1990.

4/15/2020 

US922646AS37 ............... 922646AS3 .... Venezuela Government International Bond .............. 9.25 9/18/1997 9/15/2027 

US922646AT10 ............... 922646AT1 .... Venezuela Government International Bond .............. 13.625 8/6/1998 8/15/2018 

USP9395PAA95 .............. EF5132735 .... Venezuela Government International Bond .............. 13.625 9/27/2001 8/15/2018 

US922646BE32 ............... 922646BE3 .... Venezuela Government International Bond .............. 13.625 9/27/2001 8/15/2018 

USP97475AD26 ............... ED2379482 .... Venezuela Government International Bond .............. 7 12/1/2003 12/1/2018 

US922646BL74 ................ 922646BL7 .... Venezuela Government International Bond .............. 9.375 1/14/2004 1/13/2034 

XS0217249126 ................ ED8955574 .... Venezuela Government International Bond .............. 7.65 4/21/2005 4/21/2025 

USP97475AG56 .............. EF1877168 .... Venezuela Government International Bond .............. 6 12/9/2005 12/9/2020 

USP97475AJ95 ............... EH0305910 .... Venezuela Government International Bond .............. 7 11/15/ 

2007.

3/31/2038 

USP17625AB33 ............... EH3345228 .... Venezuela Government International Bond .............. 9.25 5/7/2008 5/7/2028 

USP17625AA59 ............... EH3344783 .... Venezuela Government International Bond .............. 9 5/7/2008 5/7/2023 

USP97475AN08 ............... EH9901297 .... Venezuela Government International Bond .............. 7.75 10/13/ 

2009.

10/13/2019 

USP97475AP55 ............... EH9901214 .... Venezuela Government International Bond .............. 8.25 10/13/ 

2009.

10/13/2024 

USP17625AC16 ............... EI3500440 ..... Venezuela Government International Bond .............. 12.75 8/23/2010 8/23/2022 

USP17625AD98 ............... EI7507573 ..... Venezuela Government International Bond .............. 11.95 8/5/2011 8/5/2031 

USP17625AE71 ............... EI8410553 ..... Venezuela Government International Bond .............. 11.75 10/21/ 

2011.

10/21/2026 

# N/A Field Not Applicable. 


lotter on DSK11XQN23PROD with RULES1
Federal Register / Vol. 88, No. 215 / Wednesday, November 8, 2023 / Rules and Regulations 76993 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Venezuela Sanctions Regulations 

31 CFR Part 591 

GENERAL LICENSE NO. 5M 

Authorizing Certain Transactions 

Related to the Petro ́leos de Venezuela, 

S.A. 2020 8.5 Percent Bond on or After 

January 18, 2024 

(a) Except as provided in paragraph 

(b) of this general license, on or after 

January 18, 2024, all transactions related 

to, the provision of financing for, and 

other dealings in the Petro ́leos de 

Venezuela, S.A. 2020 8.5 Percent Bond 

that would be prohibited by subsection 

l(a)(iii) of Executive Order (E.O.) 13835 

of May 21, 2018, as amended by E.O. 

13857 of January 25, 2019, and 

incorporated into the Venezuela 

Sanctions Regulations, 31 CFR part 591 

(the VSR), are authorized. 

(b) This general license does not 

authorize any transactions or activities 

otherwise prohibited by the VSR, or any 

other part of 31 CFR chapter V. 

(c) Effective October 18, 2023, General 

License No. 5L, dated July 19, 2023, is 

replaced and superseded in its entirety 

by this General License No. 5M. 

Bradley T. Smith, 

Director, 

Office of Foreign Assets Control. 

Dated: October 18, 2023. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Venezuela Sanctions Regulations 

31 CFR Part 591 

GENERAL LICENSE NO. 9H 

Authorizing Transactions Related to 

Dealings in Certain Securities 

(a) Except as provided in paragraphs 

(f) and (g) of this general license, all 

transactions and activities prohibited by 

Subsection 1(a)(iii) of Executive Order 

(E.O.) 13808 of August 24, 2017 or by 

E.O. 13850 of November 1, 2018, each 

as amended by E.O. 13857 of January 

25, 2019, or by E.O. 13884 of August 5, 

2019, as collectively incorporated into 

the Venezuela Sanctions Regulations, 31 

CFR part 591 (the VSR), that are 

ordinarily incident and necessary to 

dealings in any debt (including the 

bonds listed on the Annex to this 

general license, promissory notes, and 

other receivables) of, or any equity in, 

Petro ́leos de Venezuela, S.A. (PdVSA) or 

any entity in which PdVSA owns, 

directly or indirectly, a 50 percent or 

greater interest, issued prior to August 

25, 2017 (the effective date of E.O. 

13808) (together, ‘‘PdVSA Securities’’), 

are authorized, including, on or after 

October 18, 2023, divestment or transfer 

of, or facilitation of divestment or 

transfer of, any holdings in such PdVSA 

Securities to a U.S. person. 

(b) The transactions and activities 

authorized in paragraph (a) include 

facilitating, clearing, and settling 

transactions to divest PdVSA Securities, 

including on behalf of U.S. persons. 

(c) Except as provided in paragraph 

(g) of this general license, all 

transactions and activities prohibited by 

Subsection 1(a)(iii) of E.O. 13808 or by 

E.O. 13850, each as amended, or by E.O. 

13884, as collectively incorporated into 

the VSR, that are ordinarily incident 

and necessary to facilitating, clearing, 

and settling trades of holdings in 

PdVSA Securities are authorized, 

provided such trades were placed prior 

to 4:00 p.m. eastern standard time on 

January 28, 2019. 

(d) Except as provided in paragraph 

(g) of this general license, all 

transactions and activities prohibited by 

Subsection 1(a)(iii) of E.O. 13808 or by 

E.O 13850, each as amended, or by E.O. 

13884, as collectively incorporated into 

the VSR, that are ordinarily incident 

and necessary to the wind down of 

financial contracts or other agreements 

that were entered into prior to 4:00 p.m. 

eastern standard time on January 28, 

2019, involving, or linked to, PdVSA 

Securities are authorized. This 

authorization is valid through 12:01 

a.m. eastern daylight time, March 31, 

2020. 

(e) Except as provided in paragraph 

(g) of this general license, all 

transactions and activities prohibited by 

Subsection 1(a)(iii) of E.O. 13808 or by 

E.O. 13850, each as amended, or by E.O. 

13884, as collectively incorporated into 

the VSR, that are ordinarily incident 

and necessary to dealings in any bonds 

that were issued prior to August 25, 

2017 (the effective date of E.O. 13808) 

by the following entities or any of their 

subsidiaries, are authorized: 

• PDV Holdings, Inc. 

• CITGO Holdings, Inc. 

(f) Paragraph (a) of this general license 

does not authorize U.S. persons to sell, 

or to facilitate the sale of, PdVSA 

Securities to, directly or indirectly, any 

person whose property and interests in 

property are blocked pursuant to the 

VSR. 

(g) This general license does not 

authorize: 

(1) The unblocking of any property 

blocked pursuant to the VSR, or any 

other part of 31 CFR chapter V, except 

as authorized by paragraphs (a), (c), (d), 

and (e); or 

(2) Any transactions or activities 

otherwise prohibited by the VSR, or any 

other part of 31 CFR chapter V, or any 

transactions or activities with any 

blocked persons other than transactions 

or activities involving Government of 

Venezuela, including Banco Central de 

Venezuela, PdVSA, or any entity in 

which PdVSA owns, directly or 

indirectly, a 50 percent or greater 

interest, that are described in this 

general license. 

(h) Effective October 18, 2023, 

General License No. 9G, dated May 12, 

2020, is replaced and superseded in its 

entirety by this General License No. 9H. 

Bradley T. Smith, 

Director, 

Office of Foreign Assets Control. 

Dated: October 18, 2023. 

Annex—Bonds Described in Paragraph 

(a) of General License 9H List of Bonds 

Described in Paragraph (a) of General 

License 9H, as of October 18, 2023: 

ISIN CUSIP Issuer name Cpn Issue date Maturity 

XS0294364954 .............. EG3110533 .... Petroleos de Venezuela SA ................................ 5.375 4/12/2007 4/12/2027 

XS0294367205 .............. EG3110772 .... Petroleos de Venezuela SA ................................ 5.5 4/12/2007 4/12/2037 

USP7807HAK16 ............ EI4173619 ..... Petroleos de Venezuela SA ................................ 8.5 10/29/2010 11/2/2017 

US716558AB79 ............. 716558AB7 .... Petroleos de Venezuela SA ................................ 8.5 10/29/2010 11/2/2017 

US716558AC52 ............. 716558AC5 .... Petroleos de Venezuela SA ................................ 12.75 2/17/2011 2/17/2022 

USP7807HAM71 ........... EI5787318 ..... Petroleos de Venezuela SA ................................ 12.75 2/17/2011 2/17/2022 

US716558AD36 ............. 716558AD3 .... Petroleos de Venezuela SA ................................ 9 11/17/2011 11/17/2021 

USP7807HAP03 ............ EI8799468 ..... Petroleos de Venezuela SA ................................ 9 11/17/2011 11/17/2021 

USP7807HAQ85 ........... EJ1968233 ..... Petroleos de Venezuela SA ................................ 9.75 5/17/2012 5/17/2035 

US716558AE19 ............. 716558AE1 .... Petroleos de Venezuela SA ................................ 9.75 5/17/2012 5/17/2035 

USP7807HAR68 ............ EJ9776299 ..... Petroleos de Venezuela SA ................................ 6 11/15/2013 11/15/2026 

US716558AF83 ............. 716558AF8 .... Petroleos de Venezuela SA ................................ 6 11/15/2013 11/15/2026 

USP7807HAT25 ............ EK2909308 .... Petroleos de Venezuela SA ................................ 6 5/16/2014 5/16/2024 


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76994 Federal Register / Vol. 88, No. 215 / Wednesday, November 8, 2023 / Rules and Regulations 

ISIN CUSIP Issuer name Cpn Issue date Maturity 

US716558AG66 ............ 716558AG6 .... Petroleos de Venezuela SA ................................ 6 5/16/2014 5/16/2024 

XS1126891685 .............. JV9618804 ..... Petroleos de Venezuela SA ................................ 6 10/28/2014 10/28/2022 

USP7807HAV70 ............ QZ9940003 .... Petroleos de Venezuela SA ................................ 8.5 10/28/2016 10/27/2020 

US716558AH40 ............. 716558AH4 .... Petroleos de Venezuela SA ................................ 8.5 10/28/2016 10/27/2020 

USG70415AC18 ............ DD0110070 .... Petrozuata Finance Inc ....................................... 8.37 6/27/1997 10/1/2022 

US71676QAE61 ............ 71676QAE6 ... Petrozuata Finance Inc ....................................... 8.37 6/27/1997 10/1/2022 

USG2025MAB75 ........... CP5100153 .... Cerro Negro Finance Ltd ..................................... 7.9 6/18/1998 12/1/2020 

US156877AC63 ............. 156877AC6 .... Cerro Negro Finance Ltd ..................................... 8.03 6/18/1998 6/1/2028 

USG2025MAC58 ........... CP5100211 .... Cerro Negro Finance Ltd ..................................... 8.03 6/18/1998 6/1/2028 

US156877AB80 ............. 156877AB8 .... Cerro Negro Finance Ltd ..................................... 7.9 6/18/1998 12/1/2020 

XS0356521160 .............. EH2888749 .... CA La Electricidad de Caracas ........................... 8.5 4/10/2008 4/10/2018 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Venezuela Sanctions Regulations 

31 CFR Part 591 

GENERAL LICENSE NO. 43 

Authorizing Transactions Involving 

CVG Compania General de Mineria de 

Venezuela CA 

(a) Except as provided in paragraph 

(b) of this general license, all 

transactions involving CVG Compania 

General de Mineria de Venezuela CA 

(Minerven), or any entity in which 

Minerven owns, directly or indirectly, a 

50 percent or greater interest, that are 

prohibited by Executive Order (E.O.) 

13850, as amended by E.O. 13857, or 

E.O. 13884, each as incorporated into 

the Venezuela Sanctions Regulations, 31 

CFR part 591 (the VSR), are authorized. 

(b) This general license does not 

authorize any transactions otherwise 

prohibited by the VSR, including any 

transactions involving any person 

blocked pursuant to the VSR other than 

the blocked persons described in 

paragraph (a) of this general license, 

Government of Venezuela persons 

blocked solely pursuant to E.O. 13884, 

Banco Central de Venezuela, or Banco 

de Venezuela SA Banco Universal. 

Bradley T. Smith, 

Director, Office of Foreign Assets 

Control. 

Dated: October 18, 2023. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Venezuela Sanctions Regulations 

31 CFR Part 591 

GENERAL LICENSE NO. 44 

Authorizing Transactions Related to Oil 

or Gas Sector Operations in Venezuela 

(a) Except as provided in paragraph 

(b) of this general license, all 

transactions prohibited by the 

Venezuela Sanctions Regulations, 31 

CFR part 591 (the VSR), including 

transactions involving Petro ́leos de 

Venezuela, S.A. (PdVSA) or any entity 

in which PdVSA owns, directly or 

indirectly, a 50 percent or greater 

interest (collectively, ‘‘PdVSA 

Entities’’), that are related to oil or gas 

sector operations in Venezuela are 

authorized through 12:01 a.m. eastern 

daylight time, April 18, 2024, including: 

(1) Production, lifting, sale, and 

exportation of oil or gas from Venezuela, 

and provision of related goods and 

services; 

(2) Payment of invoices for goods or 

services related to oil or gas sector 

operations in Venezuela; · 

(3) New investment in oil or gas sector 

operations in Venezuela; and 

(4) Delivery of oil and gas from 

Venezuela to creditors of the 

Government of Venezuela, including 

creditors of PdVSA Entities, for the 

purpose of debt repayment. 

(b) This general license does not 

authorize: 

(1) Any transactions involving any 

financial institution blocked pursuant to 

Executive Order (E.O.) 13850 other than 

Banco Central de Venezuela or Banco de 

Venezuela SA Banco Universal; 

(2) The provision of goods or services 

to, or new investment in, an entity 

located in Venezuela that is owned or 

controlled by, or a joint venture with, an 

entity located in the Russian Federation; 

(3) Any transactions related to new 

investment in oil or gas sector 

operations in Venezuela by a person 

located in the Russian Federation or any 

entity owned or controlled by a person 

located in the Russian Federation; 

(4) Any transactions prohibited by 

subsections l(a)(i)–(iii) or l(b) of E.O. 

13808, other than the transactions 

described in paragraphs (a)(2) and (a)(4) 

of this general license; 

(5) Any transactions prohibited by 

E.O. 13827 or E.O. 13835; or 

(6) The unblocking of any property 

blocked pursuant to the VSR. 

Note to General License No. 44. 

Nothing in this general license relieves 

any person from compliance with the 

requirements of other Federal agencies, 

including the Department of 

Commerce’s Bureau of Industry and 

Security. 

Bradley T. Smith, 

Director, Office of Foreign Assets 

Control. 

Dated: October 18, 2023. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Venezuela Sanctions Regulations 

31 CFR Part 591 

GENERAL LICENSE NO. 45 

Authorizing Certain Repatriation 

Transactions Involving Consorcio 

Venezolano de Industrias Aerona ́uticas 

y Servicios Ae ́reos, S.A. 

(a) Except as provided in paragraph 

(b) of this general license, all 

transactions ordinarily incident and 

necessary to the repatriation of 

Venezuelan nationals from non-U.S. 

jurisdictions in the Western Hemisphere 

to Venezuela, and are exclusively for the 

purposes of such repatriation, involving 

Consorcio Venezolano de Industrias 

Aerona ́uticas y Servicios Ae ́reos, S.A. 

(Conviasa), or any entity in which 

Conviasa owns, directly or indirectly, a 

50 percent or greater interest, that are 

prohibited by Executive Order (E.O.) 

13850, as amended by E.O. 13857, or 

E.O. 13884, each as incorporated into 

the Venezuela Sanctions Regulations, 31 

CFR part 591 (the VSR), are authorized. 

(b) This general license does not 

authorize any transactions otherwise 

prohibited by the VSR, including any 

transactions involving any person 

blocked pursuant to the VSR other than 

the blocked persons described in 

paragraph (a) of this general license, 

Government of Venezuela persons 

blocked solely pursuant to E.O. 13884, 

Banco Central de Venezuela, or Banco 

de Venezuela SA Banco Universal. 

Bradley T. Smith, 

Director, Office of Foreign Assets 

Control. 

Dated: October 18, 2023. 

Bradley T. Smith, 

Director, Office of Foreign Assets Control. 

[FR Doc. 2023–24831 Filed 11–6–23; 4:15 pm] 

BILLING CODE 4810–AL–P 


lotter on DSK11XQN23PROD with RULES1