Hungary’s MOL Group Seals Heads of Agreement to Buy 56.15% of Serbia’s NIS From Gazprom Neft 2026

Balgarianovinite.com The Hungarian MOL Group signed the main clauses of a binding Heads of Agreement with Gazprom Neft to acquire a 56.15% stake in Serbia’s oil company NIS, MOL Group said on Monday, according to media outlets in Serbia.
The Russian firms Gazprom Neft and Intelligence, subsidiaries of Russian energy giant Gazprom, jointly own 56.15% of NIS. The Serbian government owns nearly 30% of the shares, while minority shareholders hold about 14%.
MOL Group and Gazprom plan to sign the sale and purchase agreement by March 31, the statement said, noting that completion of the deal, among other things, requires the consent of the US Office of Foreign Assets Control (OFAC), as well as other State and regulatory bodies in Serbia.
After the deal is completed, MOL Group will take on significant shareholder responsibilities and management rights in the company, which operates Serbia’s only oil refinery, thus further strengthening its presence on the energy market in Central and South-Eastern Europe, MOL Group said.
The Russian side granted its consent for the sale only at the end of November, and MOL Group was among the first bidders to express interest.
NIS (Naftna industrija Srbije), Serbia’s sole oil company and operator of the Pancevo refinery, was placed under US sanctions on January 10, 2025, with the restrictions taking effect on October 9, 2025, after being postponed eight times, prompting warnings about potential secondary sanctions for institutions doing business with the company. Serbia has been operating under time-limited OFAC licensing arrangements, including a waiver allowing the Adriatic oil pipeline JANAF to continue transporting crude for NIS until January 23, 2026. The Serbian state holds about 29.9% of NIS, while the majority stake totals 56.15% and is held through Gazprom Neft (about 44.9%) and the St Petersburg-based Intelligence (about 11.3%), which is linked to Gazprom. Hungary’s MOL Group Seals Heads of Agreement to Buy 56.15% of Serbia’s NIS From Gazprom Neft 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-01-19 20:47:14 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