MOL Continues Negotiations for Serbian NIS Acquisition
Hungarian oil group MOL is progressing with plans to buy a 56 percent stake in NIS from Gazprom Neft. The deal aims to bolster regional energy supply security.
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The Hungary oil and gas conglomerate MOL has confirmed that negotiations regarding the acquisition of a majority stake in the Serbian energy firm NIS are currently proceeding. This move follows a preliminary framework agreement established earlier this year as part of a strategic effort to navigate international sanctions affecting the Balkan energy sector.
