OIL: Russia Seeking Partner to Resolve NIS Situation: Serbian President
Nov-05 13:20
“SERBIAN PRESIDENT VUCIC: RUSSIA IS SEEKING A PARTNER TO RESOLVE SITUATION WITH U.S.-SANCTIONED NIS OIL COMPANY - TV
SERBIAN PRESIDENT VUCIC SAYS HE WILL HAVE 'IMPORTANT MEETINGS' IN THE NEXT TWO DAYS WITH EU, RUSSIA TO DISCUSS U.S.-SANCTIONED NIS OIL COMPANY – TV” – RTRS
- Serbia’s NIS failed to secure another waiver from US sanctions in early October.
- NIS is majority-owned by Russia's Gazprom Neft and Gazprom.
- NIS supplies around 80% of Serbia’s diesel and gasoline demand, and 90% or more of jet fuel and heavy fuel oil, traders told Reuters.
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