economy
April 26, 2026
NIS Sale Delayed
Bojan Stanić, Assistant Director of the Sector for Strategic Analysis at the Chamber of Commerce of Serbia, assessed today that the sale of NIS to MOL and ADNOC has been prolonged because everyone is waiting for the situation to develop in order to negotiate the best possible deal for themselves.
TL;DR
- The sale of NIS to MOL and ADNOC is delayed due to all parties seeking better negotiation outcomes.
- Geopolitical developments, including events in the Middle East and the role of Russia and the US, are influencing the deal.
- Serbia is seeking a stronger position within NIS and insists on pre-emptive purchase rights and influence over strategic decisions like refinery operations.
- ADNOC's significant global market presence makes its involvement particularly important for the NIS sale.
- Concerns exist regarding the future of refining, especially in Serbia, given the global shift away from internal combustion engines.
- MOL is likely to prioritize its refineries within the EU (Hungary and possibly Slovakia) over operations outside the EU, like in Croatia and potentially Serbia.
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