It seems nothing more is happening between the Hungarians and the Russians”: Is Serbia's dissatisfaction a cover for the silenced negotiations between MOL and Gazpromneft?
As the deadline for reaching an agreement on Serbia's Oil Industry (NIS), set by the American OFAC, approaches, uncertainty grows regarding the fate of this company and a potential agreement between Serbia and Hungary's MOL. After optimistic announcements that an agreement could be reached by mid-May, negotiations have now stalled on key issues, with the Pančevo refinery and oil processing capacities becoming the focus of disputes, which Belgrade designates as "red lines".