OFAC issues GL61 and GL62 related to Venezuela [PDF downloads]

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 21.Aug.2026, Words: 96) — The US Office of Foreign Assets Control (OFAC) issued 2 general licenses as they relate to Venezuela: general license 61 and general license 62.

The first, authorizes the supply of certain items and services to Venezuela related to telecommunications.

The second, authorizes negotiations of and entry into contingent contracts for investment in the telecommunications sector of Venezuela.

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By Steve Stewart reporting from Baton Rouge. © 1999-2026 Energy Analytics Institute (EAI) and its 100% owned Venezuelan affiliate Editores Latin Petroleum CA. All Rights Reserved.