The Serbian Government has formally requested the US administration to grant another postponement of sanctions on oil company NIS, citing its Russian ownership. The current extension, set to expire on March 28, was previously granted for one month.
Serbian Minister of Mining and Energy Dubravka Djedovic chaired a session of the Working Group monitoring OFAC’s activities, where officials decided to support NIS’ request. Srbijagas director DuÅ¡an Bajatović confirmed that legal representatives had also submitted an extension request to OFAC.
