economy
April 9, 2026
NIS Submitted a Request for a New License to the U.S. Department of the Treasury
Naftna industrija Srbije (NIS) has submitted a request for a new operating license to the U.S. Department of the Treasury. The existing operational license expires on April 17, RTS reports.
TL;DR
- NIS has applied for a new operating license from the U.S. Department of the Treasury.
- The current operational license expires on April 17.
- Negotiations for the sale of NIS's Russian majority ownership have been extended until May 22.
- NIS was sanctioned by OFAC in October 2025 due to its majority Russian ownership.