[Federal Register Volume 88, Number 41 (Thursday, March 2, 2023)]
[Rules and Regulations]
[Pages 13022-13023]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-04317]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 591


Publication of Venezuela Sanctions Regulations Web General 
Licenses 36, 36A, 37, 38, and 39

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of web general licenses.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing five general licenses (GLs) issued in the 
Venezuela Sanctions program: GLs 36, 36A, 37, 38, and 39, each of which 
was previously made available on OFAC's website.

DATES: GL 36 was issued on February 18, 2020. See SUPPLEMENTARY 
INFORMATION for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for 
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 
202-622-4855; or Assistant Director for Sanctions Compliance & 
Evaluation, 202-622-2490.

SUPPLEMENTARY INFORMATION: 

Electronic Availability

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

Background

    On February 18, 2022, OFAC issued GL 36 to authorize certain 
transactions otherwise prohibited by the Venezuela Sanctions 
Regulations, 31 CFR part 591 (VSR). On March 12, 2020, OFAC issued GL 
36A, which superseded GL 36. On June 18, 2020, OFAC issued GL 37 to 
authorize certain transactions otherwise prohibited by the VSR. On 
November 30, 2020, OFAC issued GL 38 to authorize certain transactions 
otherwise prohibited by the VSR. GLs 36A and 38 are now expired. GL 37 
was revoked on July 2, 2020.
    On June 17, 2021, OFAC issued GL 39 to authorize certain 
transactions otherwise prohibited by the VSR. GL 39 was superseded by 
GL 39A, which was issued on June 10, 2022 (87 FR 47932). Each GL was 
made available on OFAC's website (www.treas.gov/ofac) when it was 
issued. The text of GLs 36, 36A, 37, 38, and 39 is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 36

Authorizing Certain Activities Necessary to the Wind Down of 
Transactions Involving Rosneft Trading S.A.

    (a) Except as provided in paragraph (b) of this general license, 
all transactions and activities prohibited by Executive Order (E.O.) 
13850 of November 1, 2018, as amended by E.O. 13857 of January 25, 
2019, and incorporated into the Venezuela Sanctions Regulations, 31 
CFR part 591 (the VSR), that are ordinarily incident and necessary 
to the wind down of transactions involving Rosneft Trading S.A., or 
any entity in which Rosneft Trading S.A. owns, directly or 
indirectly, a 50 percent or greater interest, are authorized through 
12:01 a.m. eastern daylight time, May 20, 2020.
    (b) This general license does not authorize:
    (1) Any debit to an account of Rosneft Trading S.A., or any 
entity in which Rosneft Trading S.A. owns, directly or indirectly, a 
50 percent or greater interest, on the books of a U.S. financial 
institution; or
    (2) Any transactions or activities otherwise prohibited by the 
VSR, or any other part of 31 CFR chapter V, or any transactions or 
activities with any blocked person other than the blocked persons 
identified in paragraph (a) of this general license.

Andrea Gacki,
Director, Office of Foreign Assets Control.

    Dated: February 18, 2020.

[[Page 13023]]

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 36A

Authorizing Certain Activities Necessary to the Wind Down of 
Transactions Involving Rosneft Trading S.A. or TNK Trading 
International S.A.

    (a) Except as provided in paragraph (b) of this general license, 
all transactions and activities prohibited by Executive Order (E.O.) 
13850 of November 1, 2018, as amended by E.O. 13857 of January 25, 
2019, and incorporated into the Venezuela Sanctions Regulations, 31 
CFR part 591 (the VSR), that are ordinarily incident and necessary 
to the wind down of transactions involving Rosneft Trading S.A. or 
TNK Trading International S.A., or any entity in which Rosneft 
Trading S.A. or TNK Trading International S.A. owns, directly or 
indirectly, a 50 percent or greater interest, are authorized through 
12:01 a.m. eastern daylight time, May 20, 2020.
    (b) This general license does not authorize:
    (1) Any debit to an account of Rosneft Trading S.A. or TNK 
Trading International S.A., or any entity in which Rosneft Trading 
S.A. or TNK Trading International S.A. owns, directly or indirectly, 
a 50 percent or greater interest, on the books of a U.S. financial 
institution; or
    (2) Any transactions or activities otherwise prohibited by the 
VSR, or any other part of 31 CFR chapter V, or any transactions or 
activities with any blocked person other than the blocked persons 
identified in paragraph (a) of this general license.
    (c) Effective March 12, 2020, General License No. 36, dated 
February 18, 2020, is replaced and superseded in its entirety by 
this General License No. 36A.

Andrea Gacki,
Director, Office of Foreign Assets Control.

    Dated: March 12, 2020.

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 37

Authorizing the Wind Down of Transactions Involving Delos Voyager 
Shipping Ltd, Romina Maritime Co Inc, and Certain Vessels

    (a) Except as provided in paragraph (c) of this general license, 
all transactions and activities prohibited by Executive Order (E.O.) 
13850 of November 1, 2018, as amended by E.O. 13857 of January 25, 
2019, and incorporated into the Venezuela Sanctions Regulations, 31 
CFR part 591 (the VSR), that are ordinarily incident and necessary 
to the wind down of transactions involving persons or vessels listed 
in paragraph (b) are authorized through 12:01 a.m. eastern daylight 
time, July 21, 2020.
    (b) The authorization in paragraph (a) of this general license 
applies to the following persons and vessels listed on the Office of 
Foreign Assets Control's List of Specially Designated Nationals and 
Blocked Persons, and any entity in which the following persons own, 
directly or indirectly, a 50 percent or greater interest:

 DELOS VOYAGER SHIPPING LTD (Marshall Islands)
 Vessel: Delos Voyager (IMO: 9273052)
 ROMINA MARITIME CO INC (Greece)
 Vessel: Euroforce (IMO: 9251585)

    (c) This general license does not authorize:
    (1) The entry into any new commercial contracts involving the 
persons or vessels listed in paragraph (b), except as authorized by 
paragraph (a);
    (2) Any debit to an account of persons listed in paragraph (b) 
on the books of a U.S. financial institution; or
    (3) Any transactions or activities otherwise prohibited by the 
VSR, or any other part of 31 CFR chapter V, or any transactions or 
activities with any blocked person or vessel other than the persons 
or vessels identified in paragraph (b) of this general license.

Andrea Gacki,
Director, Office of Foreign Assets Control.

    Dated: June 18, 2020.

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 38

Authorizing the Wind Down of Transactions Involving CEIEC

    (a) Except as provided in paragraph (b) of this general license, 
all transactions and activities prohibited by Executive Order (E.O.) 
13692 of March 8, 2015, as amended by E.O. 13857 of January 25, 
2019, each as incorporated into the Venezuela Sanctions Regulations, 
31 CFR part 591 (the VSR), that are ordinarily incident and 
necessary to the wind down of transactions and activities involving 
CEIEC, or any entity in which CEIEC owns, directly or indirectly, a 
50 percent or greater interest, are authorized through 12:01 a.m. 
eastern standard time, Thursday, January 14, 2021.
    (b) This general license does not authorize:
    (1) Any debit to an account of CEIEC, or any entity in which 
CEIEC owns, directly or indirectly, a 50 percent or greater 
interest, on the books of a U.S. financial institution; or
    (2) Any transactions or activities otherwise prohibited by the 
VSR, or any other part of 31 CFR chapter V, or any transactions or 
activities with any blocked person other than the blocked persons 
identified in paragraph (a) of this general license.

Andrea Gacki,
Director, Office of Foreign Assets Control.

    Dated: November 30, 2020.

OFFICE OF FOREIGN ASSETS CONTROL

Venezuela Sanctions Regulations

31 CFR Part 591

GENERAL LICENSE NO. 39

Authorizing Certain Activities To Respond to the Coronavirus Disease 
2019 (COVID-19) Pandemic

    (a) Authorizing certain COVID-19-related transactions involving 
the Government of Venezuela. Except as provided in paragraph (c) of 
this general license, all transactions and activities involving the 
Government of Venezuela that are related to the prevention, 
diagnosis, or treatment of COVID-19 (including research or clinical 
studies relating to COVID-19), that are prohibited by Executive 
Order (E.O.) 13808 of August 27, 2017, 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, June 17, 2022.
    (b) Authorizing certain COVID-19-related transactions involving 
certain banks. Except as provided in paragraph (c) of this general 
license, all transactions and activities described in paragraph (a) 
of this general license involving Banco Central de Venezuela (BCV), 
Banco de Venezuela, S.A. Banco Universal (Banco de Venezuela), Banco 
Bicentenario del Pueblo, de la Clase Obrera, Mujer y Comunas, Banco 
Universal C.A. (Banco Bicentenario del Pueblo), or any entity in 
which BCV, Banco de Venezuela, or Banco Bicentenario del Pueblo 
owns, whether individually or in the aggregate, directly or 
indirectly, a 50 percent or greater interest, that are prohibited by 
E.O. 13850 of November 1, 2018, as amended by E.O. 13857, each as 
incorporated into the VSR, are authorized through 12:01 a.m. eastern 
daylight time, June 17, 2022.
    (c) This general license does not authorize:
    (1) The exportation or reexportation of any goods, technology, 
or services to military, intelligence, or law enforcement purchasers 
or importers;
    (2) Any transactions or activities involving Petr[oacute]leos de 
Venezuela, S.A. (PdVSA), Banco de Desarrollo Economico y Social de 
Venezuela (BANDES), or Banco Bandes Uruguay S.A. (Bandes Uruguay), 
or any entity in which PdVSA, BANDES, or Bandes Uruguay owns, 
whether individually or in the aggregate, directly or indirectly, a 
50 percent or greater interest;
    (3) The unblocking of any property blocked pursuant to any part 
of 31 CFR chapter V; or
    (4) Any transactions or activities otherwise prohibited by the 
VSR, or prohibited by any other part of 31 CFR chapter V, statute, 
or other E.O., or involving any blocked persons other than 
Government of Venezuela persons blocked solely pursuant to E.O. 
13884 or the blocked persons identified in paragraph (b) of this 
general license.

    Note 1 to General License 39.  Nothing in this general license 
relieves any person from compliance with the requirements of other 
Federal agencies, including the Department of Commerce's Bureau of 
Industry and Security or the Department of State's Directorate of 
Defense Trade Controls.


Bradley T. Smith,
Acting Director, Office of Foreign Assets Control.

    Dated: June 17, 2021.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-04317 Filed 3-1-23; 8:45 am]
BILLING CODE 4810-AL-P