NIS has submitted a request to OFAC for an extension of its operating license
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Energy Minister Dubravka Djedović Handanović stated that NIS has submitted a request to OFAC to allow NIS to continue its operations, while further discussions are underway to successfully complete the transaction between Gazprom Neft and MOL.
She also emphasized that after the transaction is completed, Serbia could increase its stake by five percent, and it is expected that other partners from the UAE will take a minority share within the 56.15% stake that MOL intends to acquire. Explaining the current status of resolving the NIS issue, the minister said that a purchase agreement has not yet been finalized, and that they are currently working on the basic provisions of future contracts. "There is still
