OFAC sanctions program

Venezuela Sanctions Program

Venezuela faces comprehensive sectoral sanctions targeting the oil sector, gold sector, and the Maduro government. Sanctions intensified with full government-blocking sanctions under EO 13884.

Program at a glance

Program codeVENEZUELA
Legal authorityVenezuela Sanctions Regulations; EOs 13808, 13827, 13835, 13884
ScopeSectoral / Venezuela
Designation volumeApproximately 200+ SDN designations

Who and what it targets

PDVSA (state oil company), the Central Bank of Venezuela, Maduro government officials, and related entities. The program is sectoral rather than a blanket jurisdiction embargo.

Relevance to AI agents

Venezuela sanctions are sectoral and government-focused, not a comprehensive embargo. Agents must screen counterparties against the program and apply sector-specific analysis for oil, gold, and government-linked entities.

Screening note. A counterparty program match is not always a blanket block — the program tag tells your agent how to route the hit (hard block for terrorism/embargo, review-required for sectoral, etc.). SanctionsAI returns the program code on every match.

Frequently asked questions

Is Venezuela under a comprehensive embargo?

No. Venezuela is under sectoral and government-blocking sanctions, not a blanket jurisdiction embargo. Sector-specific analysis is required.

Can you transact with PDVSA?

PDVSA is sanctioned. Transactions are prohibited absent a specific license; certain general licenses have applied historically and must be checked.

Compliance disclaimer. This page is educational and not legal advice. Program scope and current general licenses must be confirmed against the live OFAC programme page and, where relevant, by a qualified professional.

Screen a counterparty against every program

Returns the program code on every match. Free tier: 5 checks/day.

Screen a counterparty free →  See pricing

Related