US Treasury allows Chevron to resume oil production in Venezuela, delivery to US only
Green Car Congress
NOVEMBER 27, 2022
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Venezuela General License (GL) 41 , authorizing Chevron Corporation to resume limited natural resource extraction operations in Venezuela. Purchase and importation into Venezuela of goods or inputs related to the activities described in this general license, including diluents, condensates, petroleum, or natural gas products. This authorization prevents PdVSA (Petróleos de Venezuela, S.A.)
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