A Final Decision Draws Near | Beta Briefing

A Final Decision Draws Near

Source: Beta
Analysis / Analysis | 17.06.26 | access_time 17:13

Pancevo oil refinery (BetaPhoto/Ministry of Mining and Energy of Republic of Serbia/Emilija Jovanovic)

The Oil Industry of Serbia (NIS), which is under U.S. sanctions because of Russia’s majority stake in the corporation, has once again secured an extension of its operating license from the U.S. authorities, this time until July 1. It appears likely though that this will be the final deadline for reaching an agreement on the company’s new ownership structure.

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