Croatia's JANAF gets OFAC license to ship oil to Serbia's NIS until Oct 30
JANAF received a new OFAC license allowing continued oil transport to Serbia's NIS until 30 October, extending a temporary exemption from US sanctions. The license is time-limited, indicating ongoing diplomatic pressure on Serbia to reduce reliance on Russian energy. This affects regional energy security and Serbia's refining capacity.
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Serbia Energy Sanctions: NIS Awaits OFAC Decision Amidst MOL, Russian Gas Deadlines
Serbia's NIS continues to operate under temporary OFAC licenses, with a critical decision pending on a new license request that will impact its ability to maintain operations and payments. Negotiations for MOL to acquire NIS from Gazprom Neft are ongoing, facilitated by extended OFAC permissions. Serbian political actors, including the Russian ambassador and student opposition, consistently signal Belgrade's intent to resist imposing sanctions on Moscow.