Serbia oil company NIS requests US sanctions waiver extension for crude imports

NIS has requested a US sanctions waiver to continue oil imports during its sale to Hungary. The move aims to secure fuel supplies for the Serbian economy.

洞察:
The Russian RURU-owned oil company NIS filed a motion with the United States USUS Office of Foreign Assets Control on February 12, requesting a sanctions waiver to permit the continued import of crude oil. This legal move comes as the company, which is currently owned by Gazprom Neft and Gazprom, awaits the finalization of its sale to the Hungarian HUHU firm MOL. The request is particularly urgent because a previous waiver is set to expire on February 20, creating a significant timing constraint for the energy sector in Serbia RSRS.
FILE PHOTO: People walk past a petrol station of the Russian oil producer Gazprom Neft, which is the major stakeholder in Serbian oil company NIS, in Belgrade, Serbia, October 8, 2025. REUTERS/Marko Djurica/File Photo
FILE PHOTO: People walk past a petrol station of the Russian oil producer Gazprom Neft, which is the major stakeholder in Serbian oil company NIS, in Belgrade, Serbia, October 8, 2025. REUTERS/Marko Djurica/File Photo
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