US EditionStrategic Serbian Refinery Could Come Under Hungarian Control Thanks to Close Trump–Orbán and Putin–Orbán Ties
12 Articles
12 Articles
The weeks-long restart work at the Pančova refinery may begin on Monday.
The Serbian company received a reprieve from the USA.
Strategic Serbian refinery could come under Hungarian control thanks to close Trump–Orbán and Putin–Orbán ties
For 36 days, the Serbian state-owned NIS oil refinery in Pančevo — the country’s sole oil refinery — has operated without a licence, making it indispensable to the Balkan state’s fuel supply. Today, Serbian President Aleksandar Vučić is preparing for a major announcement, which he has described as delivering “phenomenal political news”. Experts say part of this will involve MOL’s acquisition of ownership in the Serbian NIS. The Americans’ grace…
Serbian President Aleksandar Vučić indirectly confirmed today that the Hungarian company MOL is negotiating with the Russian side about the purchase of the Oil Industry of Serbia (NIS).
The United States expects an agreement between Hungary and Russia on the takeover of the Serbian Oil Company (NIS) to be reached by January 23, so that NIS can continue its work - Serbian President Aleksandar Vucic emphasized on Belgrade public television, where he spoke about the expectation of a quick agreement between the Russian shareholders and the potential buyer - in this case, MOL.
The United States expects an agreement on the takeover of the Serbian Oil Company (NIS) between Hungary and Russia to be reached by January 23, so that NIS can continue its work, Serbian President Aleksandar Vucic emphasized on Belgrade public television, where he spoke about: he expects a quick agreement between the Russian shareholders and the potential buyer – in this case, MOL. The US Treasury Department’s Office of Foreign Assets Control (O…
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