OFAC issues general license no. 55 involving mineral sector contracts in Venezuela

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 27.Mar.2026, Words: 77) — The US Office of Foreign Assets Control (OFAC) issued general license no. 55, authorizing negotiations of and entry into contingent contracts for certain investment in Venezuela’s minerals sector.

RELATED: OFAC ISSUES GENERAL LICENSE NO. 51A INVOLVING VENEZUELAN-ORIGIN MINERALS, INCLUDING GOLD 

RELATED: OFAC ISSUES GENERAL LICENSE NO. 54 INVOLVING MINERAL OPERATIONS IN VENEZUELA

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