economy

February 20, 2026

Minister Đedović Handanović Announced After OFAC Extended NIS License

Minister of Mining and Energy Dubravka Đedović Handanović announced that OFAC (Office of Foreign Assets Control) has extended NIS's license until March 20.

Minister Đedović Handanović Announced After OFAC Extended NIS License

TL;DR

  • OFAK has extended NIS's license until March 20.
  • NIS can continue to import crude oil and supply petroleum products to the market.
  • Negotiations between Gazpromneft and MOL, involving Serbian authorities, are ongoing.
  • The goal is to improve Serbia's position and maximize benefits from NIS.
  • The extension ensures no shortages and a stable supply of fuel.
  • Diplomatic efforts and wise government policy have led to these results.

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