NIS

Time surprise: MOL has two weeks to buy NIS

May 22, 2026, 20:27 p.m MLJ

The building of the Oil Industry of Serbia — The oil industry of Serbia

MOL received the approval of the United States of America to continue negotiations on the purchase of a majority stake in the Serbian Oil Industry

As announced by the Minister of Energy, Dubravka Đedović Handanović, the new deadline is June 6.

"The State of Serbia has just been informed that MOL has been given two more weeks to complete negotiations with Gazpromneft on the purchase of the Russian stake in the company NIS, until June 6", stated Dubravka Đedović Handanović on her Instagram account.

It is specific that OFAK only gave MOL two weeks to buy NIS. It was expected that this permission for the deal might be extended until June 21st, when the license with which NIS can operate without sanctions expires.

As the minister pointed out, the Government of Serbia continues negotiations with MOL regarding the shareholders' agreement.

"The situation is complex, but our goal and job is to find a long-term solution and to protect the interests of the state of Serbia," said Đedović Handanović.

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