OFAC issues general license no. 51A involving Venezuelan-origin minerals, including gold 

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 27.Mar.2026, Words: 110) — The US Office of Foreign Assets Control (OFAC) issued general license no. 51A, authorizing certain activities involving Venezuelan-origin minerals, including gold and including those involving the government of Venezuela, CVG Compania General de Mineria de Venezuela CA (Minerven), or any entity in which Minerven owns, directly or indirectly, a 50% or greater interest, that are ordinarily incident and necessary to the exportation, reexportation, sale, resale, supply, storage, purchase, delivery, or transportation of Venezuelan-origin minerals, including gold, by an established US entity, are authorized.

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By Piero Stewart reporting from Panama City. © 1999-2026 Energy Analytics Institute (EAI). All Rights Reserved.