OFAC Renews Venezuela-Related General License

The Office of Foreign Assets Control this week again renewed a Venezuela-related license that authorizes certain transactions related to exports or reexports of liquefied petroleum gas to Venezuela (see 2107120054 and 2207070032). General License No. 40C, which replaces General License No. 40B, is valid through 12:01 a.m. EDT July 8, 2025. The license was scheduled to expire July 10.