Publication of Venezuela Sanctions Regulations Web General Licenses 8I and 8J, 50572-50574 [2022-17644]
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Federal Register / Vol. 87, No. 158 / Wednesday, August 17, 2022 / Rules and Regulations
OFFICE OF FOREIGN ASSETS CONTROL
Compliance & Evaluation, 202–622–
2490.
Russian Harmful Foreign Activities
Sanctions Regulations 31 CFR Part 587
SUPPLEMENTARY INFORMATION:
GENERAL LICENSE NO. 44
Authorizing the Export or Reexport of
Certain Accounting Services to U.S.
Individuals Located in the Russian
Federation
(a) Except as provided in paragraph (b) of
this general license, all transactions
ordinarily incident and necessary to the
exportation, reexportation, sale, or supply,
directly or indirectly, from the United States,
or by a United States person, wherever
located, of tax preparation or filing services
to any individual who is a United States
person located in the Russian Federation,
which are prohibited by section 1(a)(ii) of
Executive Order 14071, are authorized.
(b) This general license does not authorize
any transactions otherwise prohibited by the
Russian Harmful Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR),
including transactions involving any person
blocked pursuant to the RuHSR, unless
separately authorized.
Andrea M. Gacki,
Director, Office of Foreign Assets Control
Dated: July 14, 2022
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions
Regulations Web General Licenses 40
and 40A
Office of Foreign Assets
Control, Treasury.
ACTION: Publication of web general
licenses.
AGENCY:
The Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing two
general licenses (GLs) issued in the
Venezuela Sanctions program: GL 40,
which was previously made available
on OFAC’s website and is now expired,
and GL 40A, which was also previously
made available on OFAC’s website and
expires on July 12, 2023.
DATES: GL 40 was issued on July 12,
2021. GL 40A was issued on July 7,
2022. 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
JSPEARS on DSK121TN23PROD with RULES
SUMMARY:
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This document and additional
information concerning OFAC are
available on OFAC’s website:
www.treas.gov/ofac.
Background
On July 12, 2021, OFAC issued GL 40
to authorize certain transactions
otherwise prohibited by the Venezuela
Sanctions Regulations, 31 CFR part 591.
GL 40 had an expiration date of July 8,
2022. On July 7, 2022, OFAC issued GL
40A, which replaced and superseded GL
40 and has an expiration date of July 12,
2023. GLs 40 and 40A were each made
available on OFAC’s website
(www.treas.gov/ofac) at the time of
publication. The text of GLs 40 and 40A
is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations 31 CFR
part 591
Authorizing Certain Transactions Involving
the Exportation or Reexportation of
Liquefied Petroleum Gas to Venezuela
BILLING CODE 4810–AL–P
(a) Except as provided in paragraph (b) of
this general license, all transactions and
activities related to the exportation or
reexportation, directly or indirectly, of
liquefied petroleum gas to Venezuela,
involving the Government of Venezuela,
Petro´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 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, July 8, 2022.
(b) This general license does not authorize:
(1) Any payment-in-kind of petroleum or
petroleum products; or
(2) Any transactions or activities otherwise
prohibited by the VSR, prohibited by any
other part of 31 CFR chapter V, or 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.
Note to General License No. 40: 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.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: July 12, 2021
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Venezuela Sanctions Regulations 31 CFR
Part 591
GENERAL LICENSE NO. 40A
Electronic Availability
GENERAL LICENSE NO. 40
[FR Doc. 2022–17646 Filed 8–16–22; 8:45 am]
OFFICE OF FOREIGN ASSETS CONTROL
Authorizing Certain Transactions Involving
the Exportation or Reexportation of
Liquefied Petroleum Gas to Venezuela
(a) Except as provided in paragraph (b) of
this general license, all transactions and
activities related to the exportation or
reexportation, directly or indirectly, of
liquefied petroleum gas to Venezuela,
involving the Government of Venezuela,
Petro´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 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, July 12,
2023.
(b) This general license does not authorize:
(1) Any payment-in-kind of petroleum or
petroleum products; or
(2) Any transactions or activities otherwise
prohibited by the VSR, prohibited by any
other part of 31 CFR chapter V, or 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, 2022, General License
No. 40, dated July 12, 2021, is replaced and
superseded in its entirety by this General
License No. 40A.
Note to General License No. 40A: 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.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: July 7, 2022
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022–17645 Filed 8–16–22; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions
Regulations Web General Licenses 8I
and 8J
Office of Foreign Assets
Control, Treasury.
ACTION: Publication of web general
licenses.
AGENCY:
The Department of the
Treasury’s Office of Foreign Assets
SUMMARY:
E:\FR\FM\17AUR1.SGM
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Federal Register / Vol. 87, No. 158 / Wednesday, August 17, 2022 / Rules and Regulations
Control (OFAC) is publishing two
general licenses (GLs) issued in the
Venezuela Sanctions program: GL 8I,
which was previously made available
on OFAC’s website and is now expired,
and GL 8J, which was also previously
made available on OFAC’s website and
expires on December 1, 2022.
DATES: GL 8I was issued on November
24, 2021. GL 8J was issued on May 27,
2022. 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 November 24, 2021, OFAC issued
GL 8I to authorize certain transactions
otherwise prohibited by the Venezuela
Sanctions Regulations, 31 CFR part 591.
GL 8I had an expiration date of June 1,
2022. On May 27, 2022, OFAC issued
GL 8J, replacing and superseding GL 8I,
to authorize certain transactions
otherwise prohibited by the Venezuela
Sanctions Regulations, 31 CFR part 591.
GL 8J expires on December 1, 2022. At
the time of issuance, GLs 8I and 8J each
were made available on OFAC’s website
(www.treas.gov/ofac). The text of GLs 8I
and 8J is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations 31 CFR
Part 591
JSPEARS on DSK121TN23PROD with RULES
GENERAL LICENSE NO. 8I
Authorizing Transactions Involving
Petro´leos de Venezuela, S.A. (PdVSA)
Necessary for the Limited Maintenance of
Essential Operations in Venezuela or the
Wind Down of Operations in Venezuela for
Certain Entities
(a) Except as provided in paragraphs (c)
and (d) 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, or E.O. 13884 of August 5, 2019,
each as incorporated into the Venezuela
Sanctions Regulations, 31 CFR part 591 (the
VSR), that are ordinarily incident and
necessary to the limited maintenance of
essential operations, contracts, or other
agreements, that: (i) are for safety or the
preservation of assets in Venezuela; (ii)
involve PdVSA or any entity in which
PdVSA owns, directly or indirectly, a 50
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percent or greater interest; and (iii) were in
effect prior to July 26, 2019, are authorized
through 12:01 a.m. eastern daylight time,
June 1, 2022, for the following entities and
their subsidiaries (collectively, the ‘‘Covered
Entities’’):
• Chevron Corporation
• Halliburton
• Schlumberger Limited
• Baker Hughes Holdings LLC
• Weatherford International, Public
Limited Company
Note to paragraph (a): Transactions and
activities necessary for safety or the
preservation of assets in Venezuela that are
authorized by paragraph (a) of this general
license include: transactions and activities
necessary to ensure the safety of personnel,
or the integrity of operations and assets in
Venezuela; participation in shareholder and
board of directors meetings; making
payments on third-party invoices for
transactions and activities authorized by
paragraph (a) of this general license, or
incurred prior to April 21, 2020, provided
such activity was authorized at the time it
occurred; payment of local taxes and
purchase of utility services in Venezuela; and
payment of salaries for employees and
contractors in Venezuela.
(b) Except as provided in paragraph (d) of
this general license, all transactions and
activities prohibited by E.O. 13850, as
amended, or E.O. 13884, each as
incorporated into the VSR, that are ordinarily
incident and necessary to the wind down of
operations, contracts, or other agreements in
Venezuela involving PdVSA or any entity in
which PdVSA owns, directly or indirectly, a
50 percent or greater interest, and that were
in effect prior to July 26, 2019, are authorized
through 12:01 a.m. eastern daylight time,
June 1, 2022, for the Covered Entities.
(c) Paragraph (a) of this general license
does not authorize:
(1) The drilling, lifting, or processing of,
purchase or sale of, or transport or shipping
of any Venezuelan-origin petroleum or
petroleum products;
(2) The provision or receipt of insurance or
reinsurance with respect to the transactions
and activities described in paragraph (c)(1) of
this general license;
(3) The design, construction, installation,
repair, or improvement of any wells or other
facilities or infrastructure in Venezuela or the
purchasing or provision of any goods or
services, except as required for safety;
(4) Contracting for additional personnel or
services, except as required for safety; or
(5) The payment of any dividend,
including in kind, to PdVSA, or any entity
in which PdVSA owns, directly or indirectly,
a 50 percent or greater interest.
(d) This general license does not authorize:
(1) Any transactions or dealings related to
the exportation or reexportation of diluents,
directly or indirectly, to Venezuela;
(2) Any loans to, accrual of additional debt
by, or subsidization of PdVSA, or any entity
in which PdVSA owns, directly or indirectly,
a 50 percent or greater interest, including in
kind, prohibited by E.O. 13808 of August 24,
2017, as amended by E.O. 13857, and
incorporated into the VSR; or
(3) Any transactions or activities otherwise
prohibited by the VSR, or any other part of
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50573
31 CFR chapter V, or any transactions or
activities with any blocked person other than
the blocked persons identified in paragraphs
(a) and (b) of this general license.
(e) Effective November 24, 2021, General
License No. 8H, dated June 1, 2021, is
replaced and superseded in its entirety by
this General License No. 8I.
Bradley T. Smith,
Acting Director, Office of Foreign Assets
Control
Dated: November 24, 2021
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations 31 CFR
Part 591
GENERAL LICENSE NO. 8J
Authorizing Transactions Involving
Petro´leos de Venezuela, S.A. (PdVSA)
Necessary for the Limited Maintenance of
Essential Operations in Venezuela or the
Wind Down of Operations in Venezuela for
Certain Entities
(a) Except as provided in paragraphs (c)
and (d) 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, or E.O. 13884 of August 5, 2019,
each as incorporated into the Venezuela
Sanctions Regulations, 31 CFR part 591 (the
VSR), that are ordinarily incident and
necessary to the limited maintenance of
essential operations, contracts, or other
agreements, that: (i) are for safety or the
preservation of assets in Venezuela; (ii)
involve PdVSA or any entity in which
PdVSA owns, directly or indirectly, a 50
percent or greater interest; and (iii) were in
effect prior to July 26, 2019, are authorized
through 12:01 a.m. eastern standard time,
December 1, 2022, for the following entities
and their subsidiaries (collectively, the
‘‘Covered Entities’’):
• Chevron Corporation
• Halliburton
• Schlumberger Limited
• Baker Hughes Holdings LLC
• Weatherford International, Public Limited
Company
Note to paragraph (a): Transactions and
activities necessary for safety or the
preservation of assets in Venezuela that are
authorized by paragraph (a) of this general
license include: transactions and activities
necessary to ensure the safety of personnel,
or the integrity of operations and assets in
Venezuela; participation in shareholder and
board of directors meetings; making
payments on third-party invoices for
transactions and activities authorized by
paragraph (a) of this general license, or
incurred prior to April 21, 2020, provided
such activity was authorized at the time it
occurred; payment of local taxes and
purchase of utility services in Venezuela; and
payment of salaries for employees and
contractors in Venezuela.
(b) Except as provided in paragraph (d) of
this general license, all transactions and
activities prohibited by E.O. 13850, as
amended, or E.O. 13884, each as
incorporated into the VSR, that are ordinarily
incident and necessary to the wind down of
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50574
Federal Register / Vol. 87, No. 158 / Wednesday, August 17, 2022 / Rules and Regulations
operations, contracts, or other agreements in
Venezuela involving PdVSA or any entity in
which PdVSA owns, directly or indirectly, a
50 percent or greater interest, and that were
in effect prior to July 26, 2019, are authorized
through 12:01 a.m. eastern standard time,
December 1, 2022, for the Covered Entities.
(c) Paragraph (a) of this general license
does not authorize:
(1) The drilling, lifting, or processing of,
purchase or sale of, or transport or shipping
of any Venezuelan-origin petroleum or
petroleum products;
(2) The provision or receipt of insurance or
reinsurance with respect to the transactions
and activities described in paragraph (c)(1) of
this general license;
(3) The design, construction, installation,
repair, or improvement of any wells or other
facilities or infrastructure in Venezuela or the
purchasing or provision of any goods or
services, except as required for safety;
(4) Contracting for additional personnel or
services, except as required for safety; or
(5) The payment of any dividend,
including in kind, to PdVSA, or any entity
in which PdVSA owns, directly or indirectly,
a 50 percent or greater interest.
(d) This general license does not authorize:
(1) Any transactions or dealings related to
the exportation or reexportation of diluents,
directly or indirectly, to Venezuela;
(2) Any loans to, accrual of additional debt
by, or subsidization of PdVSA, or any entity
in which PdVSA owns, directly or indirectly,
a 50 percent or greater interest, including in
kind, prohibited by E.O. 13808 of August 24,
2017, as amended by E.O. 13857, and
incorporated into the VSR; 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 other than
the blocked persons identified in paragraphs
(a) and (b) of this general license.
(e) Effective May 27, 2022, General License
No. 8I, dated November 24, 2021, is replaced
and superseded in its entirety by this General
License No. 8J.
Andrea M. Gacki,
Director, Office of Foreign Assets Control
Dated: May 27, 2022
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022–17644 Filed 8–16–22; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF VETERANS
AFFAIRS
38 CFR Part 38
JSPEARS on DSK121TN23PROD with RULES
RIN 2900–AR43
Requesting Disinterment of an Eligible
Decedent From a National Cemetery
Department of Veterans Affairs.
Final rule.
AGENCY:
ACTION:
The Department of Veterans
Affairs (VA) is amending its regulations
SUMMARY:
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governing disinterment of eligible
decedents interred in VA national
cemeteries to clarify that, if the
individual who initiated the interment
does not consent to a disinterment or is
not alive to provide consent, or all
living immediate family members are
not in agreement, anyone seeking
disinterment of an eligible decedent
must obtain an order from a court or
State instrumentality of competent
jurisdiction to direct the disinterment.
DATES: This rule is effective September
16, 2022.
FOR FURTHER INFORMATION CONTACT:
Alan Amelinckx, Management and
Program Analyst, National Cemetery
Administration, Department of Veterans
Affairs, 810 Vermont Avenue NW,
Washington, DC 20420. Telephone:
202–461–5658 (this is not a toll-free
number).
SUPPLEMENTARY INFORMATION: On
February 9, 2022, VA published in the
Federal Register (87 FR 7402) a
proposed rule revising its regulation to
clarify that disinterment from a national
cemetery will be approved only when a
court order or State instrumentality of
competent jurisdiction directs the
disinterment, or when all living
immediate family members of the
decedent, and the individual who
initiated the interment (whether or not
the individual is a member of the
immediate family), give their written
consent. The public comment period
ended on April 11, 2022. VA received
one comment that generally supported
the rule but expressed concern about
costs associated for claimants requesting
disinterment. The commenter restated
VA’s Paperwork Reduction Act burden
analysis and advised VA to include
those costs on VA Form 40–4970,
Request for Disinterment, to avoid
negative outcomes for families who
would incur those costs. We clarify that
the burden analysis is required to justify
the collection of information and inform
the public of the time and cost of the
public’s time in providing the
information. Those ‘‘costs’’ are not
transferred to individuals seeking to
request disinterment through the
submission of VA Form 40–4970. The
revision to the form, which is currently
approved by the Office of Management
and Budget (OMB) under OMB control
number 2900–0365, will not result in
any increase or decrease in respondents,
respondent burden hours, or respondent
burden costs. Therefore, VA makes no
changes based on the comment.
Executive Orders 12866 and 13563
Executive Orders 12866 and 13563
direct agencies to assess the costs and
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benefits of available regulatory
alternatives and, when regulation is
necessary, to select regulatory
approaches that maximize net benefits
(including potential economic,
environmental, public health and safety
effects, and other advantages;
distributive impacts; and equity).
Executive Order 13563 (Improving
Regulation and Regulatory Review)
emphasizes the importance of
quantifying both costs and benefits,
reducing costs, harmonizing rules, and
promoting flexibility. The Office of
Information and Regulatory Affairs has
determined that this rule is not a
significant regulatory action under
Executive Order 12866. The Regulatory
Impact Analysis associated with this
rulemaking can be found as a
supporting document at
www.regulations.gov.
Regulatory Flexibility Act
The Secretary hereby certifies that
this final rule will have no significant
economic impact on a substantial
number of small entities as they are
defined in the Regulatory Flexibility Act
(5 U.S.C. 601–612). This certification is
justified because most disinterment
requests are submitted by families.
Although a local court or State
instrumentality may be involved if all
living family members do not consent to
a contemplated disinterment request, or
the individual who initiated the
interment does not consent to the
disinterment or is not alive to provide
consent, processing and adjudicating a
request for disinterment as directed by
a court order or State instrumentality
would likely be rare and would be
conducted as part of that entity’s routine
operations. VA cannot estimate the
number of entities that may be affected
by this final rule given that each
disinterment case is based on the
unique needs of families. Therefore,
pursuant to 5 U.S.C. 605(b), the initial
and final regulatory flexibility analysis
requirements of 5 U.S.C. 603 and 604 do
not apply.
Unfunded Mandates
The Unfunded Mandates Reform Act
of 1995 requires, at 2 U.S.C. 1532, that
agencies prepare an assessment of
anticipated costs and benefits before
issuing any rule that may result in an
expenditure by State, local, and tribal
governments, in the aggregate, or by the
private sector, of $100 million or more
(adjusted annually for inflation) in any
one year. This final rule will have no
such effect on State, local, and tribal
governments, or on the private sector.
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]]>Agencies
[Federal Register Volume 87, Number 158 (Wednesday, August 17, 2022)]
[Rules and Regulations]
[Pages 50572-50574]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-17644]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions Regulations Web General
Licenses 8I and 8J
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury's Office of Foreign Assets
[[Page 50573]]
Control (OFAC) is publishing two general licenses (GLs) issued in the
Venezuela Sanctions program: GL 8I, which was previously made available
on OFAC's website and is now expired, and GL 8J, which was also
previously made available on OFAC's website and expires on December 1,
2022.
DATES: GL 8I was issued on November 24, 2021. GL 8J was issued on May
27, 2022. 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 November 24, 2021, OFAC issued GL 8I to authorize certain
transactions otherwise prohibited by the Venezuela Sanctions
Regulations, 31 CFR part 591. GL 8I had an expiration date of June 1,
2022. On May 27, 2022, OFAC issued GL 8J, replacing and superseding GL
8I, to authorize certain transactions otherwise prohibited by the
Venezuela Sanctions Regulations, 31 CFR part 591. GL 8J expires on
December 1, 2022. At the time of issuance, GLs 8I and 8J each were made
available on OFAC's website (www.treas.gov/ofac). The text of GLs 8I
and 8J is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations 31 CFR Part 591
GENERAL LICENSE NO. 8I
Authorizing Transactions Involving Petr[oacute]leos de Venezuela, S.A.
(PdVSA) Necessary for the Limited Maintenance of Essential Operations
in Venezuela or the Wind Down of Operations in Venezuela for Certain
Entities
(a) Except as provided in paragraphs (c) and (d) 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, or E.O. 13884 of August 5, 2019, each as
incorporated into the Venezuela Sanctions Regulations, 31 CFR part
591 (the VSR), that are ordinarily incident and necessary to the
limited maintenance of essential operations, contracts, or other
agreements, that: (i) are for safety or the preservation of assets
in Venezuela; (ii) involve PdVSA or any entity in which PdVSA owns,
directly or indirectly, a 50 percent or greater interest; and (iii)
were in effect prior to July 26, 2019, are authorized through 12:01
a.m. eastern daylight time, June 1, 2022, for the following entities
and their subsidiaries (collectively, the ``Covered Entities''):
Chevron Corporation
Halliburton
Schlumberger Limited
Baker Hughes Holdings LLC
Weatherford International, Public Limited Company
Note to paragraph (a): Transactions and activities necessary for
safety or the preservation of assets in Venezuela that are
authorized by paragraph (a) of this general license include:
transactions and activities necessary to ensure the safety of
personnel, or the integrity of operations and assets in Venezuela;
participation in shareholder and board of directors meetings; making
payments on third-party invoices for transactions and activities
authorized by paragraph (a) of this general license, or incurred
prior to April 21, 2020, provided such activity was authorized at
the time it occurred; payment of local taxes and purchase of utility
services in Venezuela; and payment of salaries for employees and
contractors in Venezuela.
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities prohibited by E.O. 13850, as
amended, or E.O. 13884, each as incorporated into the VSR, that are
ordinarily incident and necessary to the wind down of operations,
contracts, or other agreements in Venezuela involving PdVSA or any
entity in which PdVSA owns, directly or indirectly, a 50 percent or
greater interest, and that were in effect prior to July 26, 2019,
are authorized through 12:01 a.m. eastern daylight time, June 1,
2022, for the Covered Entities.
(c) Paragraph (a) of this general license does not authorize:
(1) The drilling, lifting, or processing of, purchase or sale
of, or transport or shipping of any Venezuelan-origin petroleum or
petroleum products;
(2) The provision or receipt of insurance or reinsurance with
respect to the transactions and activities described in paragraph
(c)(1) of this general license;
(3) The design, construction, installation, repair, or
improvement of any wells or other facilities or infrastructure in
Venezuela or the purchasing or provision of any goods or services,
except as required for safety;
(4) Contracting for additional personnel or services, except as
required for safety; or
(5) The payment of any dividend, including in kind, to PdVSA, or
any entity in which PdVSA owns, directly or indirectly, a 50 percent
or greater interest.
(d) This general license does not authorize:
(1) Any transactions or dealings related to the exportation or
reexportation of diluents, directly or indirectly, to Venezuela;
(2) Any loans to, accrual of additional debt by, or
subsidization of PdVSA, or any entity in which PdVSA owns, directly
or indirectly, a 50 percent or greater interest, including in kind,
prohibited by E.O. 13808 of August 24, 2017, as amended by E.O.
13857, and incorporated into the VSR; 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 other than the blocked persons
identified in paragraphs (a) and (b) of this general license.
(e) Effective November 24, 2021, General License No. 8H, dated
June 1, 2021, is replaced and superseded in its entirety by this
General License No. 8I.
Bradley T. Smith,
Acting Director, Office of Foreign Assets Control
Dated: November 24, 2021
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations 31 CFR Part 591
GENERAL LICENSE NO. 8J
Authorizing Transactions Involving Petr[oacute]leos de Venezuela, S.A.
(PdVSA) Necessary for the Limited Maintenance of Essential Operations
in Venezuela or the Wind Down of Operations in Venezuela for Certain
Entities
(a) Except as provided in paragraphs (c) and (d) 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, or E.O. 13884 of August 5, 2019, each as
incorporated into the Venezuela Sanctions Regulations, 31 CFR part
591 (the VSR), that are ordinarily incident and necessary to the
limited maintenance of essential operations, contracts, or other
agreements, that: (i) are for safety or the preservation of assets
in Venezuela; (ii) involve PdVSA or any entity in which PdVSA owns,
directly or indirectly, a 50 percent or greater interest; and (iii)
were in effect prior to July 26, 2019, are authorized through 12:01
a.m. eastern standard time, December 1, 2022, for the following
entities and their subsidiaries (collectively, the ``Covered
Entities''):
Chevron Corporation
Halliburton
Schlumberger Limited
Baker Hughes Holdings LLC
Weatherford International, Public Limited Company
Note to paragraph (a): Transactions and activities necessary for
safety or the preservation of assets in Venezuela that are
authorized by paragraph (a) of this general license include:
transactions and activities necessary to ensure the safety of
personnel, or the integrity of operations and assets in Venezuela;
participation in shareholder and board of directors meetings; making
payments on third-party invoices for transactions and activities
authorized by paragraph (a) of this general license, or incurred
prior to April 21, 2020, provided such activity was authorized at
the time it occurred; payment of local taxes and purchase of utility
services in Venezuela; and payment of salaries for employees and
contractors in Venezuela.
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities prohibited by E.O. 13850, as
amended, or E.O. 13884, each as incorporated into the VSR, that are
ordinarily incident and necessary to the wind down of
[[Page 50574]]
operations, contracts, or other agreements in Venezuela involving
PdVSA or any entity in which PdVSA owns, directly or indirectly, a
50 percent or greater interest, and that were in effect prior to
July 26, 2019, are authorized through 12:01 a.m. eastern standard
time, December 1, 2022, for the Covered Entities.
(c) Paragraph (a) of this general license does not authorize:
(1) The drilling, lifting, or processing of, purchase or sale
of, or transport or shipping of any Venezuelan-origin petroleum or
petroleum products;
(2) The provision or receipt of insurance or reinsurance with
respect to the transactions and activities described in paragraph
(c)(1) of this general license;
(3) The design, construction, installation, repair, or
improvement of any wells or other facilities or infrastructure in
Venezuela or the purchasing or provision of any goods or services,
except as required for safety;
(4) Contracting for additional personnel or services, except as
required for safety; or
(5) The payment of any dividend, including in kind, to PdVSA, or
any entity in which PdVSA owns, directly or indirectly, a 50 percent
or greater interest.
(d) This general license does not authorize:
(1) Any transactions or dealings related to the exportation or
reexportation of diluents, directly or indirectly, to Venezuela;
(2) Any loans to, accrual of additional debt by, or
subsidization of PdVSA, or any entity in which PdVSA owns, directly
or indirectly, a 50 percent or greater interest, including in kind,
prohibited by E.O. 13808 of August 24, 2017, as amended by E.O.
13857, and incorporated into the VSR; 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 other than the blocked persons
identified in paragraphs (a) and (b) of this general license.
(e) Effective May 27, 2022, General License No. 8I, dated
November 24, 2021, is replaced and superseded in its entirety by
this General License No. 8J.
Andrea M. Gacki,
Director, Office of Foreign Assets Control
Dated: May 27, 2022
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-17644 Filed 8-16-22; 8:45 am]
BILLING CODE 4810-AL-P
