US EditionUS Postpones Sanctions on Serbian Oil Firm: Vucic
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10 Articles
We have secured sufficient supplies of crude oil for processing, as well as petroleum products for our warehouses and gas stations, said NIS Director K. Tjurdenjev.
The Naftna Industrija Srbije (NIS), one of Serbia’s leading oil companies, has applied for a special license from the U.S. Treasury Department to delay the implementation of the sanctions that will enter into force on October 1. The company’s request seeks to avoid the full effects of the restrictions and remove its name from the list of Specially Designated Nationals (SDN).
The US sanctions against the Serbian oil group NIS postponed, according to Vucic L, entry into force of the US sanctions against the Serbian oil and gas company, NIS, mostly owned by the Russian giant Gazprom, scheduled for 1 October, has been postponed for a week, said on Sunday Serbian President Aleksandar Vucic. As the main player in the Serbian oil and gas market, NIS manages the country's only refinery, which supplies about 80% of the Serbi…
US sanctions against Serbian oil company NIS, which is owned by a subsidiary of Russian Gazprom, have been postponed
US sanctions against Serbian oil company NIS – majority-owned by a subsidiary of Russian energy giant Gazprom – that were due to take effect on October 1 have been postponed for eight days, Serbian President Aleksandar Vucic announced on Sunday. A major player in Serbia’s oil and gas market, NIS operates the country’s only refinery in the town of Pančevo near Belgrade, meeting 80% of domestic needs. It has been the target of US sanctions since J…
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