CroatiaThe U.S. Treasury's Office of Foreign Assets Control (OFAC) has extended the operational license for Serbia's National Oil Refinery (NIS) until September 30, allowing continued supply of crude oil through the Adriatic Pipeline (Janaf) and other channels, ensuring uninterrupted operation of the Pančevo refinery for another month. Serbian Minister of Mining and Energy Dubravka Đedović Handanović stated that this extension enables the continuation of supply while long-term solutions for NIS are being pursued. The minister emphasized the importance of citizens and the economy having sufficient fuel and maintaining energy security at all times. The refinery increased processing capacity to around 13,000 tons per day during August to meet rising demand, especially under conditions where import opportunities were further limited due to low Danube water levels. Without a license for NIS operations, they would not be able to fulfill demand, she noted, highlighting ongoing harvest activities. Uncertainty regarding NIS has persisted for over 18 months since the U.S. administration previously extended the license enabling negotiations between Hungarian company MOL and Russian firm Gaspromneft.
Bias read (Center): The article presents information about the U.S. sanctions on Russia's energy sector and their impact on Serbia's energy infrastructure, including the extension of a license for the National Oil Refinery (NIS). While the subject involves international relations and economic policy, which are politic,
