WASHINGTON, July 12 (Reuters) – The U.S. government on Monday authorized shipments to Venezuela of liquefied petroleum gas, mainly used in the OPEC nation as cooking fuel and currently in short supply, causing people to burn large amounts of wood. The U.S. Treasury Department authorized through July 8, 2022, some exports and re-exports of the gas, known as LPG, to Venezuela that had not been permitted by executive orders in 2018 and 2019 during the Trump administration. The Office of Foreign Assets Control, part of the Treasury Department, issued a license allowing shipments of the gas in transactions involving the government of Venezuela, state energy company Petroleos de Venezuela (PDVSA) or any entity in which PDVSA owns a 50% or greater interest. The license does not allow any payment-in-kind of oil or oil products, OFAC said. Many people in Venezuela burn LPG for cooking fuel but it has become […]