NIS operations unaffected by US sanctions

Serbian company NIS continues seamless operations amid US sanctions

NIS is currently operating without interruptions and will carefully analyze the consequences of the inclusion of Gazprom Neft assets in the US sanction list. The company’s primary focus is on maintaining stability in the domestic market for petroleum products.

The chain of NIS retail sites is well-supplied, and the refinery in Pancevo is functioning normally, ensuring the required petroleum products are available in the market. Despite the challenges posed by the sanctions, NIS is working seamlessly at the moment.

Earlier on Friday, the US Treasury added Gazprom Neft and its subsidiaries, including NIS, to the sanction list. NIS will thoroughly review all the details related to this development and assess the impact on its operations.

Despite the uncertainties caused by the sanctions, NIS remains committed to providing the necessary petroleum products to the market and ensuring the smooth operation of its retail sites and refinery.

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