US Postpones Sanctions on Serbia's Russian-Owned NIS Oil Company for One Week

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Director of the Retail Department of NIS, Bojana Radojević, stated that the Oil Industry of Serbia was ready to welcome the US sanctions.

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As Nova Ekonomija unofficially learns, at a meeting of NIS's senior and middle management this morning, executives were told that the United States sanctions on NIS would be postponed for another week and that official confirmation of this from the Serbian Government was awaited.

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The US has postponed the imposition of sanctions against NIS, a Serbian oil company with Russian capital, for a week. The Croatian Janaf oil pipeline, through which the company receives crude oil, also received a message about the postponement of restrictions, Nova ekonomija reports. There has been no official confirmation of the information from the Serbian government so far. At the same time, Serbian President Aleksandar Vucic claimed yesterda…