Serbia: US OFAC extends license for NIS refiner to July 31st

**Reminder 20th March: (US) OFAC: Extends license to Serbia refiner NIS (Pančevo refinery operator) to Apr 17th to buy oil from Russia **Reminder 12/09/2025: ADNOC.IPO Said to be frontrunner for Russia’s NIS stake in Serbia; Sanctions force sale - FT - Adnoc leading bidder for Gazprom Neft’s ~56% stake in NIS (Pančevo refinery operator)