NIS Applies for New US Sanctions Waiver Ahead of September Deadline
15 Articles
15 Articles
The Russian-Serb Power Enterprise "The Oil Industry of Serbia" (NIS) submitted a request to the United States authorities for an extension of the licence to continue operating activities. The Russian-Serb company "The Petroleum Industry of Serbia", under American sanctions, applied to the United States Ministry of Finance for an extension of the licence, handed over RIA News. "The NIS Company submitted a new request to the United States Foreign …
The US sanctioned NIS, a Serbian oil company, has asked Washington to renew its operating license, as the current license expires on September 30. Mol would also buy into the company.
The NIS company submitted a new request to the Office of Foreign Assets Control (OFAC) of the US Treasury Department for the issuance of a special license that enables the company's operational activities to be carried out smoothly even after September 30, when the deadline for the previous license expires.
NIS applies for new US sanctions waiver ahead of September deadline
Serbia's NIS applied for a new OFAC sanctions waiver on Sept. 24 as it races to complete the sale of its Russian stakes to Hungary's MOL before
Serbian oil company NIS, which is owned by Russia and operates the country's only oil refinery, said on Thursday, September 23rd that it had applied for a new exemption from US sanctions.
The Russian-Serb Oil Industry of Serbia (NIS), which is under US sanctions, requested a further extension of the licence from the United States Ministry of Finance for... ~ 24.09.2026, PRIM
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