US Extends Deadline for MOL to Negotiate NIS Purchase

The U.S. extended the deadline for MOL to negotiate the purchase of Russian stakes in Serbia's NIS refinery. Talks will now continue until the May 22 deadline.

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The energy corporation MOL has received official approval from the United States to continue negotiations for the acquisition of a majority stake in the NIS refinery in Serbia. The U.S. Treasury’s Office of Foreign Assets Control has extended the deadline for these discussions until May 22, moving it from the original date of March 24.

A MOL gas station in Eger, Hungary, photographed on March 10, 2026. REUTERS/Marton Monus
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