Regulatory
Venezuela: oil import rules
These are the same rules the Regulatory Matrix API serves for Venezuela-bound trade: which products private parties can move, which run through a government or monopoly route, and which are closed outright.
Compiled regulatory guidance from OilFlow Network, not legal advice. Rules change; confirm with the relevant national regulator before structuring a deal.
Product-by-product
- Crude oilRESTRICTED
- Restricted: government/monopoly routePDVSA state monopoly on crude production and export. US OFAC sanctions framework (Executive Orders 13692, 13808, 13827, 13835, 13850, 13857, 13884) blocks PDVSA property and most transactions with US nexus.
- Refined products (diesel, fuel oil, gasoline, jet)RESTRICTED
- Restricted: government/monopoly routePDVSA controls domestic refining (Paraguaná, El Palito, Puerto La Cruz). OFAC general licences govern allowable transactions.
- LPGRESTRICTED
- Restricted: government/monopoly routePDVSA Gas Comunal controls LPG. Same OFAC framework applies.
- gasRESTRICTED
- Restricted: government/monopoly routePDVSA Gas monopoly. Chevron operates under specific OFAC General Licence.
Frequently asked
- Can private companies import crude oil into Venezuela?
- PDVSA state monopoly on crude production and export. US OFAC sanctions framework (Executive Orders 13692, 13808, 13827, 13835, 13850, 13857, 13884) blocks PDVSA property and most transactions with US nexus.
- Are refined products (diesel, fuel oil, gasoline) tradeable by private importers in Venezuela?
- PDVSA controls domestic refining (Paraguaná, El Palito, Puerto La Cruz). OFAC general licences govern allowable transactions.
- Does OilFlow screen counterparties against Venezuela regulations?
- Yes. The same rule table shown on this page ships in the Regulatory Matrix API; counterparty checks destined for Venezuela are gated against these rules automatically.
Use this jurisdiction
This rule table is one leg of every counterparty check we run: the tradability rule for the destination country fires alongside the fraud cluster match and the eight-list sanctions screen. Compliance teams that want to call /api/v1/regulatory/check from their own intake systems are scoped on a call, no list price. Screening a named counterparty into Venezuela? Run the free check below. A Counterparty Screen is $95, ordered by email to [email protected]: machine output on one named counterparty inside the hour, marked DRAFT for review by independent legal counsel.
Order on one named counterparty
Counterparty Screen$95
One name, delivered within the hour, marked DRAFT for review by independent legal counsel, no human read. PEP is not screened; adverse media is not swept.
Counterparty File$500
One named counterparty, the Screen's steps plus a named human's written read and signature, in your inbox by the end of the third business day or the fee is refunded in full.
Email [email protected] with the product and the counterparty name in the subject. An invoice comes back by reply. Both are prepaid by invoice or marketplace order; there is no card checkout.