OFAK - Weather

NIS

17.June 2026 R. Š.

Negotiations on the sale of NIS by July 1

Negotiations on the purchase of the Russian majority share between the Hungarian MOL and the Serbian Oil Industry have been extended again. Minister Handanović signed a contract regarding the potential management of NIS

Sanctions to NIS

17.June 2026 IN THE

OFAK extended the license to NIS until July 1, negotiations on the change of ownership continued

The US authorities approved a new extension of NIS' operating license, allowing the company to continue operating until the beginning of July. The decision comes at a time when a change in the ownership structure is being considered

Sale of NIS

06.June 2026 S. Ć.

MOL received approval to negotiate NIS until June 16

Hungarian MOL received OFAK's approval for further negotiations on the purchase of the Russian majority stake in NIS

Minister of Energy Dubravka Đedović Handanović

The oil industry of Serbia

03.June 2026 KS

Đedović Handanović: MOL asked OFAK to extend the deadline regarding NIS

Before the deadline for negotiations on the future of NIS, the Hungarian MOL requested its extension

Energy Industry

02.June 2026 Marija L. Jankovic

Call at one minute to twelve: Is Serbia looking for a final solution for NIS in Washington?

The US deadline to sell the majority Russian stake in NIS expires on Friday, June 6. In the midst of negotiations with MOL, the line minister talks with the representative for energy in the White House. Was it just a protocol conversation or is the final solution for NIS sought in Washington

NIS

20.May 2026. KS

Waiting for MOL's answer: The negotiations are not going well, says Vučić

On Friday, May 22, the deadline set by the Americans for the agreement on the sale of shares in NIS expires. Serbian President Aleksandar Vučić now says that negotiations with MOL are not going well

Sanctions to NIS

15.April 2026 IN THE

The USA extended the license for the operation of about 2.000 gas stations of the Lukoil company

The US extended Lukoil's license to operate outside of Russia until October 29, despite previously imposed sanctions

Sanctions to NIS

09.April 2026 KS

NIS submitted a new license request to OFAK

A little more than a week is left until the expiration of the existing license that NIS received from OFAK, and now a new request for its extension has been submitted

Sanctions to NIS

20.March 2026. IN THE

OFAK extended the work permit of NIS until April 17

The American authorities have extended the license to the Serbian Oil Industry, and Minister Đedović Handanović is announcing additional measures to preserve the stability of the energy system.

The oil industry of Serbia

21.February 2026. AI

OFAK extended the license to NIS by one month

At the last minute, the US Office of Foreign Assets Control (OFAC) extended the license to NIS again, but only for one month.