Experts expect the US to extend key energy licenses to NIS
Energy expert Željko Marković said today that he expects a positive decision from the American administration on the extension of three licenses that are important for the operations of the Oil Industry of Serbia.
TL;DR
- Energy expert Željko Marković expects the U.S. to extend three key licenses for NIS operations.
- These licenses are crucial for NIS's continuous business operations and the transport of oil via JANAF.
- An extension of the license for negotiations with MOL would signify continued openness to a resolution.
- Broker Branislav Jorgić agrees, stating that suspending the Pančevo refinery's operations would be economically unjustified due to global diesel and gasoline shortages.
- The current global market is tight, with high oil and derivative prices.