Europe: TTF gas futures...

TTF gas futures experienced mild upward pressure following the European Union’s approval of...

Region: SEE power prices...

During Week 43 of 2025, electricity market prices in Southeast Europe (SEE) declined...

Slovenia: NPP Krško back...

Slovenia’s only nuclear power plant, Krško, was reconnected to the national electricity grid...

Romania: Romgaz raises €500...

Romanian natural gas producer Romgaz has issued a new six-year bond worth 500...
Supported byClarion Energy
HomeNews Serbia EnergyU.S. presses Serbia...

U.S. presses Serbia to resolve NIS sanctions issue through sale or nationalization of Russian stake

According to diplomatic sources quoted by Serbian media, the United States sees only two possible solutions to the issue surrounding Serbian oil company NIS, which remains under U.S. sanctions because of its Russian ownership. The first option would involve selling the Russian-held shares to a company with no ties to Russia, while the second would be the nationalization of the stake currently owned by Gazprom and Gazprom Neft.

U.S. officials reportedly view these as the only acceptable paths forward, emphasizing that the key goal is to prevent Russia from profiting from assets in Serbia that could indirectly support its military operations in Ukraine.

Although Serbian President Aleksandar Vučić has described nationalization as a last-resort measure, diplomatic sources suggest that it could ultimately turn out to be the most practical and realistic solution.

American representatives have repeatedly stressed that the sanctions are not aimed at Serbia or its citizens, but are part of broader international efforts to pressure Russia to end the war in Ukraine. President Vučić stated earlier this week that he expects an update on the future of NIS soon — possibly by the end of this week or early next week.

The United States imposed sanctions on 9 October, targeting NIS due to its majority Russian ownership structure.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Serbia: Čibuk 2 wind farm begins trial operation, full commissioning planned for December

The Čibuk 2 wind farm, located in the municipality of Kovin in southern Banat, officially began trial operation on 21 October. So far, 35 MW of installed capacity has been connected to Serbia’s national electricity grid. The installation of all...

Hungary: MOL resumes fuel production at Százhalombatta refinery following fire incident

Fuel production has resumed at MOL’s Százhalombatta refinery, operating at reduced capacity as the company gradually brings back online units unaffected by the recent fire. MOL confirmed that the restart process is on schedule and that Hungary’s domestic fuel...

Region: Slovnaft accuses Croatia’s JANAF of blocking non-Russian oil deliveries amid supply diversification efforts

Slovakia’s Slovnaft refinery, part of Hungary’s MOL Group, has accused Croatian state-owned pipeline operator JANAF of restricting deliveries of non-Russian crude oil, citing what it called technical limitations. The refinery claims that this move jeopardizes ongoing efforts to reduce...
Supported byVirtu Energy
error: Content is protected !!