Politics · Russia · 7 hrs ago
Serbia’s Student List pledges to keep NIS operating with Russian shareholders
Serbia’s Student List says it will work with Russian shareholders to keep NIS operating.
NIS, the Petroleum Industry of Serbia, is a key part of the country’s energy system.
Its Russian owners have been required to sell assets after the United States imposed sanctions on the company and its majority shareholder, Gazprom Neft.
Gazprom and Hungary’s MOL have signed a letter of intent for a sale, but the Student List wants full details of the deal disclosed.
The party says Serbia needs guarantees that the Pančevo refinery stays open, jobs are protected and fuel supplies continue.
The US Treasury has extended NIS’s operating licence until December 11, 2026.
Serbia also plans to increase its stake in NIS by 5%, which would give Belgrade influence over some shareholder decisions.
Serbia’s Student List says it will work with Russian shareholders to keep the state oil company NIS operating.
Candidate Dejan Radivojevic said NIS is a vital part of Serbia’s energy system.
The coalition wants full disclosure of the deal between NIS’s Russian shareholders and Hungarian energy group MOL.
It says guarantees are needed to protect Serbia’s interests, including the Pančevo refinery, jobs and fuel supplies.
NIS shareholders have been forced to sell assets after being placed under US sanctions.
- Who
- Serbia’s Student List, represented by parliamentary candidate Dejan Radivojevic.
- What
- It pledged to work with Russian shareholders to keep NIS operating.
- When
- November 4, according to the article.
- Where
- Serbia.
- Why
- The coalition says NIS is vital to Serbia’s energy system and wants guarantees for national interests, jobs and fuel supplies.
This story does not have two clearly opposing sides.
The US Treasury added NIS and its majority shareholder, Gazprom Neft, to its sanctions list.
The restrictions on NIS took effect after several postponements.
Serbia’s Energy Ministry said NIS’s Russian owners had notified the United States that they were willing to transfer control to a third party.
Gazprom and MOL announced that they had signed a letter of intent to sell a stake in NIS.
Radivojevic said the Student List would work with Russian shareholders to keep NIS operating.
- Company
- NIS (Petroleum Industry of Serbia)
- Candidate
- Dejan Radivojevic
- Prospective buyer
- Hungarian energy group MOL
- Sanctions effective
- October 9, 2025
- US operating licence extended until
- December 11, 2026
- Serbian stake increase plan
- 5%
What people are saying
It is important to emphasize that NIS is exceptionally important to us. In essence, it is a vital component of this [energy - TASS] system, and together with our Russian majority shareholders, we will do everything possible to ensure that it continues operating,