Serbia plans to request an extension for the deadline to complete all processes related to the withdrawal of Russian capital from the oil company NIS, according to Minister of Mining and Energy Dubravka Djedovic. The current deadline for the full exit of Russian interests is set for 25 February. Minister Djedovic mentioned that the Serbian government has been actively engaged in discussions with the parties involved, with several meetings held by working teams.
She also noted the importance of potential discussions between Russian and American stakeholders, emphasizing the need for cooperation. With the arrival of the new US administration, there may be opportunities to find a resolution, as President Trump has expressed a desire to be a peacemaker. This process will likely require more time, and the government is working on securing an extension if the US administration is open to it. Russia is expected to present a detailed proposal, and Serbia is preparing for various possible scenarios.
Minister Djedovic also stated that it is too early to discuss specific options for NIS and called for patience until the talks are underway. She stressed that any concrete steps should follow a review by the new administration.
Additionally, she acknowledged that Serbia has already felt the impact of sanctions on NIS, particularly with recent fuel price hikes. However, prices have now stabilized, and a slight decrease is expected in the coming week.
