economy
February 20, 2026
LICENSE EXTENDED UNTIL MARCH 20! NIS announced after excellent news from America!
Naftna industrija Srbije announced today that it has received a new special license from the US Department of the Treasury, which allows the company's operational activities to continue smoothly until March 20.
TL;DR
- NIS has been granted a new special license by the US Department of the Treasury.
- The license allows NIS to conduct its operational activities smoothly until March 20.
- This includes maintaining business, contracts, importing and processing oil, and ensuring the supply of petroleum products.
- The US Treasury's Office of Foreign Assets Control (OFAC) previously issued a license for negotiations regarding NIS's ownership structure.
- Minister of Mining and Energy, Dubravka Đedović Handanović, welcomed the news, emphasizing its importance for Serbian citizens.
- She also mentioned upcoming diplomatic efforts in Washington and ongoing negotiations between Gazprom Neft and MOL.
- The minister stated that the current situation has overcome a major crisis without shortages on the market.
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