EAI brief: OFAC issues GL no. 5U related to PDVSA 8.5% 2020 bonds

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 2.Feb.2026, Words: 89) — Effective 2 Feb. 2026, general license no. 5T, dated 19 Dec. 2025, is replaced and superseded in its entirety by this general license no. 5U.

General license no. 5U authorizes certain transactions related to the Petróleos de Venezuela, S.A. (PDVSA) 2020 8.5% bond on or after 20 Mar. 2026, the Office of Foreign Assets Control or OFAC announced on 2 Feb. 2026 in an official statement.

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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.