US issues new PdVSA general licence to allow US-designated officials to sign contracts

16 September 2026

US issues new PdVSA general licence to allow US-designated officials to sign contractsZafer Kurt/Shutterstock.com

The US has issued Venezuela-related General Licence 52C, authorising certain transactions with Venezuela’s state-owned oil company, PdVSA. GL 52C replaces GL 52B and authorises: Transactions otherwise prohibited by Executive Orders 13884 and 13850 involving...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. She is the…

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