Serbian Minister for Mining and Energy, Dušica Đelović Hanđović, announced that the United States has taken action regarding the operations of Naftna Industrija Srbije (NIS). Specifically, the Americans have reportedly renewed the license for the Serbian NIS Control Office for Foreign Assets (OFAK) at the U.S. Ministry of Finance.
Furthermore, the operational license for the NIS company itself has been renewed for an additional thirty days. This announcement was made on July 1, 2026, at 17:30. The confirmation of this renewal comes against a backdrop of significant energy sector challenges.
Previously, U.S. sanctions targeting Gazprom Neft-owned NIS had severely restricted the nation’s primary crude oil supply. These sanctions had raised concerns about the potential inability to operate the country’s sole refinery, fueling fears of a domestic energy crisis.
The continuation of the operational license suggests a temporary measure regarding the critical infrastructure. The NIS facility remains central to Serbia’s energy supply chain, making the status of its operations a point of continued international focus. The renewal of this license and the OFAK clearance are key details provided by the Ministry, offering a brief period of stability following the imposition of restrictive measures.
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