US sanctions against NIS are forcing Belgrade to make ‘tough’ decisions or risk a national energy crisis
Serbia is considering taking control of the country’s only oil refinery, NIS (Petroleum Industry of Serbia), which is majority-owned by Russian energy giant Gazprom, Energy Minister Dubravka Djedovic-Handanovic said on Saturday.
She said US sanctions on the company had left Belgrade with few options if it wants to keep the facility operating.
In October, Washington imposed sanctions on the NIS, prompting neighboring Croatia to halt crude oil deliveries and raising the risk of a refinery shutdown. The restrictions also affected NIS-operated…
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