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Energy Industry

Đedović Handanović: The official confirmation from the USA has arrived that the sanctions against the NIS have been postponed

March 29, 2025, 08:53 p.m MLJ
Photo: Tanjug
NIS gas station
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The official confirmation of the US delaying the sanctions on the Oil Industry of Serbia (NIS) until April 28 has arrived, announced the Minister of Mining and Energy Dubravka Đedović Handanović

Official confirmation has arrived. SAD to postpone sanctions The oil industry of Serbia until April 28, announced the Minister of Mining and Energy Dubravka Đedović Handanović.

"We should use this respite in the best way, to contract, deliver and pay for as much oil as possible," she told Radio Television of Serbia.

She pointed out that NIS received a new license from the USA so that it can continue to operate and supply the market, which allows it to do business with American companies, financial institutions and citizens.

"Sanctions against NIS have already been felt because certain customers switched to other suppliers," said Đedović Handanović.

This week, the Government of Serbia sent a letter to the US administration in which it supported the request of the Serbian Oil Industry for a new delay in the application of sanctions.

At the end of February, the USA postponed their implementation for a month.

In January of this year, the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury added NIS to the list of sanctions due to Russian ownership in the company.

Source: RTS

Tags:

US sanctions NIS Naphtha NIS
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