Overview

• Croatia’s Adriatic pipeline operator JANAF announced the suspension of cooperation with Serbia’s NIS, cutting a key crude route from the Krk terminal under a 2024–2026 supply contract.
• NIS said the U.S. measures first announced in January are now in effect after repeated deferrals ended, and the company reported no new notice of delay from Washington.
• The Russian ambassador in Belgrade called the sanctions a political move and said Russia, including Gazprom, remains a reliable partner for Serbia.
• Russian officials said they do not expect near‑term shortages, disruptions or panic in Serbia’s energy market, citing NIS preparations and ongoing coordination.
• NIS reported building fuel reserves and setting up alternative payment options, while President Aleksandar Vučić warned of heavy national consequences and rejected nationalization.