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US Extends Waiver for Russian-Controlled Serbian Oil Firm NIS

Original: KYIV POST: US Extends Waiver for Russian-Controlled Serbian Oil Firm as Exit Talks Drag On https://www. kyivpost.com/pos

Washington has extended the operating license of Serbia's Naftna Industrija Srbije (NIS), which is majority-owned by Russia's Gazprom Neft, through October 30, as negotiations continue over the sale of Russia's stake to Hungary's MOL. The waiver keeps the oil firm running despite US sanctions on Russian-controlled entities, while Belgrade and Moscow await a resolution of the stalled ownership talks.

Why now: The extension keeps Serbian energy supplies flowing while highlighting how sanctions, Russian interests and Hungarian involvement intersect in the Balkans.

NIS (Naftna Industrija Srbije)United StatesSerbiaRussiaMOL Group

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