WebCitgo. Citgo Petroleum Corporation (or Citgo) is a United States-based refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial … WebMar 20, 2024 · On March 14, 2024, OFAC reissued General License 7 (“GL 7”) as General License 7A (“GL 7A”) to extend the general license’s authorization for certain activities involving PDV Holding, Inc. (“PDVH”) and CITGO Holding, Inc. (“CITGO”). While the original GL 7(a) was set to expire on July 27, 2024, GL 7A(a) automatically renews on the
U.S. denies Crystallex request for Citgo shares, will reassess
WebOct 20, 2024 · OFAC, in consultation with the Department of State, issued GL 7 on January 28, 2024, pursuant to E.O. 13850, as amended. Paragraph (a) of GL 7 authorized certain … WebJan 19, 2024 · Jan 19th 2024 at 1.50pm. Mérida, January 19, 2024 ( venezuelanalysis.com) – Venezuela’s most prized foreign asset has moved a step closer to being broken up and seized by creditors. CITGO, the US-based subsidiary of Venezuelan state oil company PDVSA, is worth an estimated US $8 billion. With three refineries and a network of over … t shirt design south africa
US Government Escalates Sanctions Against the Government …
WebApr 12, 2024 · Russian Harmful Foreign Activities Sanctions. 1122. Certain transactions related to telecommunications and certain internet-based communications are already … WebOct 8, 2024 · A U.S. judge could rule soon on a final auction schedule that could force a breakup of Venezuela-owned Citgo Petroleum, the seventh-largest U.S. oil refiner by … WebFeb 25, 2024 · Legal Framework for the Venezuela-related Sanctions. The Venezuela-related Sanctions program represents the implementation of multiple legal authorities. … Contact OFAC; Sanctions Programs and Country Information. OFAC administers … 401. OFAC’s 50 Percent Rule states that the property and interests in property of … t shirt design software for windows 8