On March 19, the U.S. Department of the Treasury issued a new specific license to NIS, which allows the company to continue operating activities until 17 April 2026.
This licence allows for the maintenance of business operations, contracts and other agreements involving NIS or its operating subsidiaries, including refining activities, crude oil imports, the execution of transactions necessary for the security of supply and technical maintenance, as well as financial settlements.
NIS hereby expresses its gratitude to all domestic and foreign partners who supported this process. The operations of NIS have a significant impact on ensuring the energy stability of the Republic of Serbia and the orderly supply of petroleum products to the domestic market, particularly in light of newly emerging global circumstances and the situation on the global energy market.
