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fromwww.aljazeera.com
4 days ago

Russians agree to quit Serbian oil company as US sanctions bite

Gazprom Neft and Gazprom's investment arm will sell their combined 56.2% stake in Serbia's NIS amid Western sanctions, risking fuel supply disruptions.
Miscellaneous
fromwww.aljazeera.com
1 month ago

US sanctions Serbia's main oil supplier controlled by Russia

US sanctions on majority-Russian-owned NIS have taken effect, threatening Serbia's banking sector, foreign card payments, and energy distribution despite reported crude reserves.
fromRadioFreeEurope/RadioLiberty
1 month ago

Serbia Braces For Fallout After US Sanctions On Oil Firm NIS Take Force

"The company has not been extended a special license by the United States Department of Finance, which enables smooth operational business," NIS said in a statement."Since the listing of the company on the SDN (Specially Designated Nationals) list in January, NIS has been carefully monitoring the situation and trying to adapt its operations to the new circumstances...NIS has secured sufficient stocks of oil for processing at this time, while gas stations are properly supplied with all types of oil derivatives.
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