Gazprom Neft cuts stake in Serbia’s NIS

Gazprom Neft cuts stake in Serbia’s NIS as US sanctions loom
Russia's Gazprom Neft transferred stakes of around 5.15% in Serbia's NIS oil company to Gazprom , in an attempt to ward off U.S. sanctions that could result in crude supply cuts for the Balkan country.
Gazprom Neft transfers NIS stake amid US sanctions
Russian oil producer Gazprom Neft has transferred around 5.15% of its shares in Serbian oil and gas company NIS to parent company Gazprom in response to US sanctions, reported Reuters. The move aims to prevent disruptions in Serbia's crude oil supply by complying with the sanctions imposed on Russia's oil sector on 10 January,
Gazprom Restructures NIS Holdings Amid Looming US Deadline
Russia’s Gazprom Neft has reduced its ownership in Serbia’s top oil company, NIS, just as a US-imposed deadline on sanctions approaches. The move aims to prevent potential penalties that could cut off Serbia’s oil supply.
Gazprom Neft transfers 5.15% stake in Serbia's NIS to parent Gazprom
February 26 (SeeNews) - Russia's oil major Gazprom Neft has transferred a 5.15% stake in Serbia's oil and gas group NIS [ BEL:NIIS] to its parent Gazprom, bourse filings by the two Russian companies showed on Wednesday, a day before U.S. sanctions against Serbia's sole refiner are set to come into effect.
U.S. postpones sanctions against Serbia's NIS for 30 days - Serbian president
ROME. Feb 27 (Interfax) - The United States has postponed imposing sanctions against Serbian energy company NIS for 30 days, Serbian President Aleksandar Vucic said on Thursday. "We have received another 30 days for NIS. Good news for the citizens of Serbia," he posted on social media.
Serbia announces 30-day postponement of US sanctions on its oil sector
The US has delayed the implementation of sanctions on Serbia’s oil sector for 30 days, Serbian President Aleksandar Vucic announced on Thursday. Vucic shared an official document from the US Department of the Treasury on Facebook,
US postpones sanctions on Serbian oil company, says Vučić
The United States has delayed by 30 days sanctioning Serbia's main oil company, Serbian President Aleksandar Vučić said Thursday, citing a U.S. Treasury document. "We got an additional 30 days for the oil industry of Serbia," Vučić said in a post on Instagram, along with a letter showing the details. "Good news for the citizens of Serbia."
Gazprom Neft transfers 5.15% of shares in Serbian NIS to Gazprom
Gazprom Neft has transferred 5.15% of the shares in the Serbian company NIS to Gazprom , the Belgrade Stock Exchange said. Gazprom Neft previously owned 50% of NIS and Gazprom owned 6.15%. Gazprom Neft currently owns 44.
Serbia in talks with US, Russia as oil sanctions deadline looms
Serbia is in last minute talks with the United States and Russia ahead of a Thursday deadline to avoid U.S. sanctions on oil company NIS that could result in crude supply cuts, Energy Minister Dubravka Djedovic Handanovic said on Wednesday.
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