Serbia Awaits U.S. Ruling on NIS After Vučić Meets Visiting Lawmakers

Belgrade expects a decision within days on a license or ownership transfer that would keep the sanctioned oil company operating.

Overview

Energy Minister Dubravka Đedović-Handanović said Serbia expects a U.S. answer in two to three days on the future of NIS.
The government is preparing for all scenarios to prevent December fuel shortages, stating reserves are sufficient to cover demand.
President Aleksandar Vučić discussed NIS and energy security with U.S. Representatives Michael Turner and Donald Norcross in Belgrade.
NIS asked Washington on November 19 for a new license to continue operations during negotiations on an ownership change.
Russian shareholders notified OFAC they are ready to transfer or sell control to a third party, with U.S. sanctions on NIS effective since October 9.