Supported byClarion Energy
HomeUncategorizedSerbia: Overhaul of...

Serbia: Overhaul of Pancevo oil refinery nearly completed

The overhaul of the NIS Pancevo oil refinery, owned by the oil and gas company NIS, is in its final phase, according to the Serbian government.

Diesel production has already been established and disruptions on the domestic market have been avoided, energy minister Dubravka Djedovic Handanovic said in a press release.

The 95-million-euro overhaul began in February and was due to be completed on April 17.

In December, NIS said it intends to make capital investments of 59.7 billion dinars (510 million euros) under its business plan for 2024.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania Competition Council clears NIS Petrol acquisition by Argenta

Romania’s Competition Council has approved the acquisition of NIS Petrol by Romanian company Argenta, removing a regulatory obstacle to NIS’s planned withdrawal from the Romanian market. The decision comes as pressure continues over the Serbian oil group’s Russian ownership....

MOL negotiations for controlling stake in Serbia’s NIS continue under OFAC authorisation

MOL said talks to acquire a controlling stake in Serbia’s NIS are still active, rejecting reports that discussions with the company’s Russian shareholders have collapsed. The update follows a new authorisation from the US Treasury’s Office of Foreign Assets...

MOL-NIS majority stake talks in Serbia unresolved as October deadline nears

A potential MOL acquisition of a majority stake in Serbia’s NIS remains unresolved as an October deadline approaches, even after a new US authorisation that allows negotiations to continue until 30 October. The US authorisation extends the timeframe for...
Supported byVirtu Energy