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Publication of Venezuela Sanctions Regulations Web General License 40D

Rule published September 10, 2025 · 90 FR 43556

Document number
FR Doc. 2025-17394
Type
Rule
Published
September 10, 2025
Citation
90 FR 43556 (page 43,556)
Action
Publication of a web general license.
Dates
GL 40D was issued on July 7, 2025. See SUPPLEMENTARY INFORMATION for additional relevant dates.
Official sources
PDF (govinfo.gov) · federalregister.gov

Summary

The Federal Register's summaryThe Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Venezuela Sanctions Regulations: GL40D, which was previously made available on OFAC's website.

Regulations cited

OFAC has reused some part numbers, so today's heading can name a different regulation from the one this document concerned.

Executive orders cited

Text

As the Government Publishing Office publishes it. Pages OFAC printed as images (in recent notices, the lists of names) are in the official PDF.

[Federal Register Volume 90, Number 173 (Wednesday, September 10, 2025)]
[Rules and Regulations]
[Page 43556]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-17394]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 591


Publication of Venezuela Sanctions Regulations Web General
License 40D

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of a web general license.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing a general license (GL) issued pursuant to
the Venezuela Sanctions Regulations: GL40D, which was previously made
available on OFAC's website.

DATES: GL 40D was issued on July 7, 2025. See SUPPLEMENTARY INFORMATION
for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Regulatory Affairs, 202-622-4855; or https://ofac.treasury.gov/contact-ofac.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    This document and additional information concerning OFAC are
available on OFAC's website: https://ofac.treasury.gov/.

Background

    On July 7, 2025, OFAC issued GL 40D to authorize certain
transactions otherwise prohibited by the Venezuela Sanctions
Regulations, 31 CFR part 591 (VSR). GL 40D replaced and superseded GL
40C. GL 40D has an expiration date of September 5, 2025. This GL was
made available on OFAC's website (https://ofac.treasury.gov) when it
was issued. The text of this GL is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 40D

Authorizing the Offloading of Liquefied Petroleum Gas in Venezuela

    (a) Except as provided in paragraph (b) of this general license,
all transactions that are ordinarily incident and necessary to the
delivery and offloading of liquefied petroleum gas in Venezuela,
involving the Government of Venezuela, Petr[oacute]leos de Venezuela,
S.A. (PdVSA), or any entity in which PdVSA owns, directly or
indirectly, a 50 percent or greater interest, that are prohibited by
Executive Order (E.O.) 13850 of November 1, 2018, as amended by E.O.
13857 of January 25, 2019, or E.O. 13884 of August 5, 2019, each as
incorporated into the Venezuela Sanctions Regulations, 31 CFR part 591
(the VSR), are authorized through 12:01 a.m. eastern daylight time,
September 5, 2025, provided the liquified petroleum gas was loaded on a
vessel on or before July 7, 2025.
    (b) This general license does not authorize:
    (1) Any payment-in-kind of petroleum or petroleum products; or
    (2) Any transactions otherwise prohibited by the VSR, including
transactions involving any blocked persons other than PdVSA, any entity
in which PdVSA owns, directly or indirectly, a 50 percent or greater
interest, or any Government of Venezuela person that is blocked solely
pursuant to E.O. 13884.
    (c) Effective July 7, 2025, General License No. 40C, dated July 8,
2024, is replaced and superseded in its entirety by this General
License No. 40D.

    Note to General License No. 40D. Nothing in this general license
relieves any persons from compliance with the requirements of other
Federal agencies, including the Department of Commerce's Bureau of
Industry and Security.

Lisa M. Palluconi,

Acting Director, Office of Foreign Assets Control.

    Dated: July 7, 2025.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2025-17394 Filed 9-9-25; 8:45 am]
BILLING CODE 4810-AL-P

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