On June 16, the U.S. Department of the Treasury issued a new specific license to NIS, which allows the company to continue operating activities until July 1 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 Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has also issued a new license to shareholders and interested parties to continue negotiations regarding changes to the ownership structure, valid until July 1, 2026.
