June 2024

U.S. Department of the Treasury's Office of Foreign Assets Control Revokes General License 44 Related to Venezuela's Oil and Gas Sector

Pratt's Energy Law Report
Andres Fernandez | Gabriel Caballero Jr. | Jonathan M. Epstein | Ronald A. Oleynik | Andrew K. McAllister | Antonia I. Tzinova | Daniel A. Noste | Catherine Yepes

Financial Services attorneys Andres Fernandez, Gabriel Caballero Jr., Daniel Noste and Catherine Yepes, and International Trade attorneys Jonathan Epstein, Ronald Oleynik, Andrew McAllister and Antonia Tzinova, co-authored an article included in Pratt's Energy Law Report about new regulations related to Venezuela's oil and gas sector. The article details why the U.S. Department of the Treasury's Office of Foreign Assets Control's (OFAC) revoked General License 44A, key components of the updated international trade regulations and how companies should go about winding down operations.

READ: U.S. Department of the Treasury's Office of Foreign Assets Control Revokes General License 44 Related to Venezuela's Oil and Gas Sector

Related Insights