Pancevo Refinery to Resume Operations Within Days, Says Serbian Energy Minister 2026

Balgarianovinite.com The refinery in the northern Serbian city of Pancevo is expected to resume operations within days, Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said. She explained that on the morning of January 13, the first shipment of crude oil would arrive in Serbia via the Adriatic oil pipeline JANAF. This means that the Pancevo refinery is expected to restart operations around January 16 and release its first domestically produced diesel onto the market around January 26 or 27, local media reported.
On January 1, Serbian President Aleksandar Vucic said he expected the Pancevo refinery of Serbia’s oil company NIS to be fully operational on January 17, 18 or 19. He also voiced expectations that Russia and Hungary would reach an agreement on the purchase of the Russian stake in NIS before the company’s operating license expires on January 23.
On December 31, 2025, the US Treasury Department’s Office of Foreign Assets Control (OFAC) issued a license to the Adriatic oil pipeline JANAF, allowing it to continue transporting oil for Serbia’s oil company NIS until January 23, 2026.
In early January 2025, the United States announced that, due to the war in Ukraine and what it described as “secondary risk”, it would impose sanctions on NIS, Serbia’s only oil company, which is majority-owned by the Russian oil giant Gazprom. At the time, Washington demanded a complete withdrawal of Russian capital from the company, while the Russian side agreed to a sale only in November of the same year.
Also in November 2025, Hungary’s MOL announced interest in acquiring part of the Russian stake in the Serbian company. Hungarian Prime Minister Viktor Orban discussed the potential deal with Russian President Vladimir Putin during his visit to Moscow in late November 2025.
The Serbian state holds 29.9% of NIS shares, while the main shareholder remains Gazprom Neft with 44.9%. In late September, the St. Petersburg-based company Intelligence, linked to Gazprom, acquired an 11.3% stake previously held by Gazprom, the parent company.
NIS was placed under US sanctions on January 10, 2025, which entered into force on October 9, 2025, after being postponed eight times.
On December 2, 2025, NIS announced that it had begun shutting down production facilities at the Pancevo refinery due to a shortage of crude oil. Pancevo Refinery to Resume Operations Within Days, Says Serbian Energy Minister 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-01-12 18:07:17 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