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OFAC Renews Venezuela-Related General License

The Treasury’s Office of Foreign Assets Control renewed a general license that authorizes certain transactions with Nynas AB, a joint venture between biofuel producer Neste and Petroleos de Venezuela, Venezuela's state-run oil company. General License No. 13D, which replaces No.…

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13C, authorizes transactions with Nynas AB and any of its subsidiaries until April 14, 2020. The license was scheduled to expire Oct. 25.