[Federal Register Volume 84, Number 28 (Monday, February 11, 2019)]
[Notices]
[Page 3282]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-01796]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

[Case ID VENEZUELA-EO13850-15615]


Notice of OFAC Sanctions Actions

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is: (1) Providing notice of the sectoral determination 
by the Secretary of the Treasury pursuant to Executive Order 13850 
(``Blocking Property of Additional Persons Contributing to the 
Situation in Venezuela'') (E.O. 13850); and (2) publishing the names of 
one or more persons that have been placed on OFAC's Specially 
Designated Nationals and Blocked Persons List based on OFAC's 
determination that one or more applicable legal criteria were 
satisfied. All property and interests in property subject to U.S. 
jurisdiction of these persons are blocked, and U.S. persons are 
generally prohibited from engaging in transactions with them.

DATES: See SUPPLEMENTARY INFORMATION section for effective date(s).

FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global 
Targeting, tel.: 202-622-2420; Assistant Director for Sanctions 
Compliance & Evaluation, tel.: 202-622-2490; Assistant Director for 
Licensing, tel.: 202-622-2480; Assistant Director for Regulatory 
Affairs, tel.: 202-622-4855; or the Department of the Treasury's Office 
of the General Counsel: Office of the Chief Counsel (Foreign Assets 
Control), tel.: 202-622-2410.

SUPPLEMENTARY INFORMATION: 

Electronic Availability

    The Specially Designated Nationals and Blocked Persons List and 
additional information concerning OFAC sanctions programs are available 
on OFAC's website (https://www.treasury.gov/ofac).

Notice of OFAC Actions

Sectoral Determination by the Secretary of the Treasury Pursuant to 
E.O. 13850

    On January 28, 2019, the Secretary of the Treasury made the 
following determination:
    Section 1(a) of E.O. 13850 imposes economic sanctions on any person 
determined by the Secretary of the Treasury, in consultation with the 
Secretary of State, to operate in such sectors of the Venezuelan 
economy as may be determined, pursuant to section 1(a)(i) of E.O. 
13850, by the Secretary of the Treasury, in consultation with the 
Secretary of State.
    To further address the extraordinary threat to the national 
security and foreign policy of the United States described in E.O. 
13850, and in consultation with the Secretary of State, I hereby 
determine that section 1(a)(i) shall apply to the oil sector of the 
Venezuelan economy. Any person I or my designee subsequently determine, 
in consultation with the Secretary of State, operates in this sector 
shall be subject to sanctions pursuant to section 1(a)(i).

Blocking of Property and Interests in Property Pursuant to E.O. 13850

    On January 28, 2019, OFAC determined that the property and 
interests in property subject to U.S. jurisdiction of the following 
person is blocked under the relevant sanctions authority listed below.

Entity

    1. PETROLEOS DE VENEZUELA, S.A. (a.k.a. PDVSA; a.k.a. PETROLEOS DE 
VENEZUELA S A; a.k.a. PETROLEOS DE VENEZUELA S.A; a.k.a. REFINERIA EL 
PALITO), Edificio Petroleos De Venezuela, Torre Este, Piso 9, Avenida 
Libertador con calle El Empalme, La Campina, Caracas 1010, Venezuela; 
Torre Este Piso 9, Edif Petroleos de Venezuela, Avenida Libertador, Urb 
La Campina, Caracas, Distrito Federal, Venezuela; RIF # J-00095036-9 
(Venezuela) [VENEZUELA-EO13850].
    Designated pursuant to section 1(a)(i) of Executive Order 13850 of 
November 1, 2018, ``Blocking Property of Additional Persons 
Contributing to the Situation in Venezuela'' (E.O. 13850), for 
operating in the oil sector of the Venezuelan economy.

    Dated: January 28, 2019.
Andrea Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2019-01796 Filed 2-8-19; 8:45 am]
 BILLING CODE 4810-AL-P