US EditionNo US License for NIS, Russia Refuses to Sell Stake
5 Articles
5 Articles
Foreign Minister Marko Đurić is wrapping up a three-day visit to the United States (US) on Wednesday, the aim of which was to lobby and try to get the US to approve of the sanctions against NIS. As our interlocutors point out, Serbia's attempts to improve relations with the US after Trump's arrival will not have any effect, primarily due to its attitude towards the war in Russia and Ukraine.
Serbian oil company NIS has not received a license from US authorities to continue operations, Serbian President Aleksandar Vučić said on Tuesday, adding that the Russians do not want to sell their stake in the company, the Hina news agency reported. The NIS refinery in Pancevo has been without oil supplies for processing since October 9, when US Treasury sanctions over the war in Ukraine came into effect. Russian companies have a majority stake…
The former ambassador of Serbia in Belarus, Srećko Đukić, thinks that Russia does not want to sell NIS, that it is not an economic, financial or technological issue, but a political one.
Machine Following the news that the US has not granted a license to continue supplying oil to our refinery in Pančevo and that Russia still does not want to sell its share, the situation with NIS is increasingly resembling a vicious circle. The refinery has still not stopped operating, although the president stated yesterday that this would happen if a license is not issued or an agreement on the purchase is not reached. Srećko Đukić, a former d…
No US license for NIS, Russia refuses to sell stake
BELGRADE – Serbian President Aleksandar Vučić stated today that the United States has not yet issued a decision on extending the license for the operations of the Serbian Petroleum Company (NIS), which has been under US sanctions since 9 October due to its majority Russian ownership.Without a license extension, the Pančevo oil refinery operated by NIS, which supplies most of the Serbian market, will face a complete shutdown because of a lack of …
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