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US adds methanol to Venezuela trade licences

29 Sep 2026, 11:32 GMT
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Article US adds methanol to Venezuela trade licences

The United States has revised three Venezuela sanctions licences to list methanol among the petrochemical products covered by authorisations for certain oil trade, supplies and preliminary investment negotiations. The Treasury Department's Office of Foreign Assets Control (OFAC) issued General Licences 46E, 48D and 49B as replacements for previous versions. A comparative review shows that methanol has been added across five tariff classifications within the chemical annex of each licence, while ...