Serbia’s NIS Contracts Import of First Oil Quantities for 2026 2026

Balgarianovinite.com Serbia’s national oil company NIS said on Friday it has contracted the import of the first quantities of crude oil via the Adriatic Pipeline (JANAF) for the needs of the Pancevo Oil Refinery, which will enable the resumption of production at the facility.
The first quantities of crude oil are expected to be delivered to the Pancevo Oil Refinery during the coming week, while the company plans to import additional volumes of crude oil, according to a news report published on the NIS website.
In line with the delivery schedule, NIS also plans to start initial activities at the Pancevo refinery.
At the beginning of December last year, operations at Pancevo, the only oil refinery in Serbia, were suspended due to a shortage of crude oil for refining, caused by sanctions imposed on NIS by the US Department of the Treasury.
With a special license issued by the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury on December 31, NIS was once again allowed to conduct operational activities until January 23 of this year, including the resumption of refinery processing, crude oil imports, and carrying out transactions necessary for the security of supply and technical maintenance.
Earlier, OFAC issued a license to NIS Serbia extending the deadline for negotiations over the sale of the Russian stake in the company until March 24, 2026, while the previous license set a deadline for changing the ownership structure of February 13.
Due to the war in Ukraine, NIS was placed under US sanctions on January 10, 2025, which came into effect on October 9 after being postponed eight times. At that time, Washington stipulated a full withdrawal of Russian capital from the Serbian company.
The Serbian state owns 29.9% of NIS shares, while the main shareholder remains Gazprom Neft with 44.9%. At the end of September, a Saint Petersburg-based company, Intelligence, linked to Gazprom, acquired an 11.3% stake from the parent company Gazprom.
At the end of November, the Russian side agreed to sell its stake. So far, it is known that the Hungarian oil company MOL has expressed interest in purchasing part of the Russian share in the Serbian company, and its representatives visited Serbia a few days ago. Serbia’s NIS Contracts Import of First Oil Quantities for 2026 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-01-09 17:36:48 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