Gazprom Neft reaches provisional agreement to sell majority stake in Serbian oil refiner NIS to Hungarian firm MOL
Gazprom Neft has agreed to sell its majority stake in NIS to Hungary's MOL. The move follows official announcements from Serbian and Russian authorities.
Insights:
The sanctioned oil company Gazprom Neft , based in Russia 
RU, has reached a provisional agreement to sell its 44.9 percent majority stake in the Serbian 
RSoil refiner NIS to the Hungarian 
HUfirm MOL Hungarian Oil and Gas . The announcement regarding the provisional deal was made on Monday, January 19, 2026, by the Energy Minister of Serbia, Dubravka Djedovic Handanovic dubravka djedovic handanovic.
RU, has reached a provisional agreement to sell its 44.9 percent majority stake in the Serbian RSoil refiner NIS to the Hungarian HUfirm MOL Hungarian Oil and Gas . The announcement regarding the provisional deal was made on Monday, January 19, 2026, by the Energy Minister of Serbia, Dubravka Djedovic Handanovic dubravka djedovic handanovic.On Tuesday, January 20, 2026, the Foreign Minister of Russia, Sergei Lavrov sergei lavrov, stated that the transaction would be beneficial for Russia. This development represents a significant cross-border energy asset transfer in the Balkans region involving a sanctioned Russianentity divesting a controlling stake to a European buyer with the explicit endorsement of the Russiangovernment.
