Serbian President Aleksandar Vucic said, as reported by local media, that Croatia will not buy Serbia’s oil company NIS (Naftna industrija Srbije), which is under US sanctions and majority-owned by Russia’s Gazprom Neft.
“Since I see that in Croatia they keep spreading the story about becoming owners, I just have to tell them, and if there are any Russians thinking about this too, let me inform them, nothing of the sort will happen. Just keep that in mind,” Vucic said in an interview for the private broadcaster Informer TV.
The Serbian President said he had held difficult talks with the International Monetary Fund (IMF) earlier on Monday, during which the issue of NIS was one of the main topics.
“The discussions with the IMF are tough, certainly not easy. It’s important for us that they confirm the agreement on Thursday and that their main board approves it in Washington on December 19, St Nicholas Day (according to the Julian calendar). This is crucial for our credit rating and everything else. There are risks, and the biggest one, of course, is NIS, that’s decisive for us,” Vucic said.
Over the weekend, Vucic announced that if no solution is reached this week in talks with the Russian and American sides regarding NIS, Serbia will take “independent action”. He did not specify what he meant by that.
In early January, the United States said it would impose sanctions on Serbia’s only oil company, NIS, because of the war in Ukraine and the “secondary risk” stemming from its Russian ownership. Washington demanded the complete withdrawal of Russian capital from the company but has postponed the enforcement of the sanctions eight times since.
NIS operates Serbia’s only oil refinery, located in Pancevo near Belgrade. The facility has an annual capacity of 4.8 million tonnes and meets most of the country’s needs. The Serbian state holds a 29.9% stake in NIS, while Gazprom Neft remains the majority shareholder with 44.9%. In late September, the St Petersburg-based company Intelligence, linked to Gazprom, acquired an additional 11.3% stake. President Vucic: Croatia Will Not Buy Sanctioned Serbian Oil Company NIS THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-10-27 20:45:00 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
