US Sanctions Against Serbian NIS to Take Effect on 1 October
11 Articles
11 Articles
US sanctions will come into effect against the Serbian company NIS Petrol on 1 October, with approximately 45% of the company owned by the Russian Gazprom, which will no longer be able to access the financial system and banks, threatening its short-term future, but the sanction could harm the Serbs, as the company owns the country's main refineries, as well as a large number of service stations.
The United States has postponed the implementation of sanctions against NIS
Serbian President Aleksandar Vučić emphasized in his address to the media in New York that the United States will impose sanctions on the Serbian oil industry from October 1. Let's see, maybe a miracle will happen by October 1, but we certainly expect difficult weather and winter, Vučić said. He emphasized that the situation is unpleasant and complicated, but that an attempt will be made to find a solution. We are collateral damage in the relati…
The President of Serbia, Aleksandar Vučić, said today that the United States of America has postponed the sanctions against the NIS for only four more days, and that they will be introduced as of October 1.
Vučić dramatically announced US sanctions on NIS, Janaf is also in trouble.
US sanctions against Serbian NIS to take effect on 1 October
NEW YORK – President of Serbia Aleksandar Vučić stated yesterday, speaking to the media in New York from the United Nations General Assembly, that the United States has postponed sanctions against the Petroleum Industry of Serbia (NIS) for only four more days, and that they will take effect on 1 October. NIS ended up on the sanctions list at the start of this year due to the Russian majority ownership stake in the company, which dates back to 20…
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