The United States has extended the operational license of Serbian… (сша · лицензия · компания)

The United States has extended the operational license of Serbian oil company NIS for 15 days. The Office of Foreign Assets Control (OFAC) within the U.S. Department of the Treasury extended the operational license of Serbia's oil company NIS.

Consensus

• The U.S. OFAC extended NIS's operational license until July 1, 2026
• The license allows NIS to continue operations under U.S. sanctions
• The extension is needed for a deal to sell Russian shares in NIS
• Serbia's Ministry of Mining and Energy confirmed ongoing negotiations with MOL

Points of divergence

• The license allows NIS to continue business operations, execute contracts, and conduct financial transactions — vedomosti
• The license covers oil refining, crude oil imports, and technical maintenance operations — vedomosti
• The U.S. required complete Russian exit from NIS to lift sanctions — kommersant
• Current ownership structure is 44.9% Gazprom Neft, 11.3% Gazprom, 29.9% Serbia — kommersant
• Gazprom Neft and MOL signed a preliminary agreement in January — kommersant