DISTRIBUIDORA NICARAGUENSE DE PETROLEO, S.A.

Nicaragua

Ofiplaza El Retiro Edificio 8, Segundo Piso, Managua, Nicaragua; Rotonda El Gueguense 2, Managua, Nicaragua

J0310000005010, RUC #

Albanisa is a Nicaraguan entity co-owned by designated Nicaraguan state gas company Distribuidor Nicaraguense de Petroleo S.A. and designated Venezuelan state gas company Petroleos de Venezuela, S.A. In 2017, management of these portfolios was transferred from Caruna to Bancorp.

US

https://home.treasury.gov/news/press-releases/sm1149

2019-12-12

US

Executive Order 13851 of November 27, 2018 Blocking Property of Certain Persons Contributing to the Situation in Nicaragua

OFAC country specific

Nicaragua

Blocking Property, Suspending Entry

• https://ofac.treasury.gov/faqs/topic/2581

On November 27, 2018, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701–1706) (IEEPA), issued Executive Order 13851 (83 FR 61505, November 29, 2018) (E.O. 13851). In E.O. 13851, the President determined that the situation in Nicaragua, including the violent response by the Government of Nicaragua to the protests that began on April 18, 2018, and the Ortega regime's systematic dismantling and undermining of democratic institutions and the rule of law, its use of indiscriminate violence and repressive tactics against civilians, and its corruption leading to the destabilization of Nicaragua's economy, constitute an unusual and extraordinary threat to the national security and foreign policy of the United States, and declared a national emergency to deal with that threat.