economy
Đedović Handanović dissatisfied with MOL's proposal
Minister of Mining and Energy Dubravka Đedović Handanović stated after a meeting with representatives of the MOL company that the Serbian side is dissatisfied with the proposal received today and said that Serbia remains committed to continuing negotiations with MOL and finding a compromise, but not at any cost.
TL;DR
- Serbia is dissatisfied with MOL's proposal concerning the Pančevo refinery.
- Serbia will not compromise on its "red lines," which include the future operation of the Pančevo refinery and crude oil processing capacity.
- Serbia aims to ensure that refinery processing and petroleum derivatives adequately cover the Serbian market for the benefit of its citizens and economy.
- NIS is a strategically dominant company in the oil sector, and Serbia wishes for it to remain so.
- Serbia expects a new proposal from MOL soon.
- The negotiations concern the contract between future shareholders, MOL and the Republic of Serbia, regarding MOL's obligations as a manager of critical energy infrastructure.