Global Trade Alert
Global Trade Alert

United States of America: OFAC permits Chevron to pump oil in Venezuela

Announcement

27 Nov 2022

In November 2022, the US issued a general license permitting Chevron to pump oil in Venezuela.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

27 Nov 2022

Revocation date:

No revocation date

Updated: 27 Nov 2022
Controls on commercial transactions and investment instruments In force
On 27 November 2022, the Office of Foreign Assets Control of the US Treasury Department issued a general license (GL 41) authorizing Chevron Corporation to resume limited natural resource extraction o...
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