US issues licences for Venezuela’s petrochemical and electricity sectors

16 March 2026

US issues licences for Venezuela’s petrochemical and electricity sectorsZafer Kurt/Shutterstock.com

The US has amended three general licences to authorise certain transactions in Venezuela’s petrochemical and electricity sectors. The transactions have been authorised by amending and reissuing GLs 46A, 48 and 49, which previously only...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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