Balgarianovinite.com Negotiations between the Hungarian oil company MOL, as a future shareholder in the Serbian oil company NIS, and the Government of Serbia are in their final stage, Mining and Energy Minister Dubravka Djedovic Handanovic told Serbia’s public broadcaster RTS.
On Tuesday, the operational and legal teams of the Serbian Government and representatives of MOL discussed the rights and obligations of shareholders in NIS – Serbia’s only oil company, in which the State holds less than 30%.
“I expect that by the end of the week we will have agreed on around 90% of the positions,” the Minister said.
MOL is negotiating with the Russian majority owner of NIS to purchase 56.15% of the capital, in fulfilment of a US condition for lifting sanctions if Russian ownership is fully transferred to other parties. The US administration has set May 22 as the deadline for these negotiations.
Separately, MOL is discussing with the Serbian Government the parameters of the rights and obligations of shareholders in NIS, Djedovic told RTS, adding that it is important for these talks to continue.
“We want to ensure first and foremost that NIS remains the dominant company in our market, that the refinery must have a certain annual processing capacity or an average over a specified number of years. This is important for our gross domestic product, for our employment, and for the security of supply,” the Minister said.
She noted that the global energy crisis, triggered after US and Israeli strikes against Iran, shows “how important it is to have a refinery in your country that you can rely on to prevent disruptions in fuel supplies”.
Asked whether a change of Government in Hungary could alter the political framework of the negotiations with MOL, the Energy Minister said that Hungary is a neighbour with which Serbia has exceptionally strong political and economic relations.
Speaking about energy supplies in Serbia, the Minister said that the country is extremely well supplied and has the largest reserves in the region, which, in her words, is the result of the responsible policy pursued in previous years.
She added that this primarily means that the refinery in Pancevo will continue to operate, noting that the flow of crude oil has increased, as has its processing.
“The monthly processing of crude oil in April alone will amount to around 330,000 tonnes. Processing increased in April because the inflow of crude oil also rose. In the past 10 days alone, we had two ships of about 90,000 tonnes each, and by the end of April we expect a further 130,000 tonnes of crude oil, and by the end of May as much as 240,000 tonnes,” Djedovic told RTS on Tuesday. Negotiations on Russian Stake in Serbian Oil Company NIS in Final Stages, Energy Minister Says 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-04-22 13:21:00 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law