tradingkey.logo

Putin says Russia counts on Serbia to fulfil obligations over sanctioned NIS refinery

ReutersDec 19, 2025 11:28 AM

- Russia is counting on Serbia to fulfil its obligations over the U.S-sanctioned, Russian-owned NIS oil refinery despite the restrictions imposed on the company, President Vladimir Putin said on Friday.

Putin said at his annual press conference that the situation with NIS was not easy, but Russia and Serbia had ideas on how to move it forward.

The U.S. placed sanctions on NIS, a controlling stake in which is held by Russian energy giants Gazpromneft SIBN.MM and Gazprom GAZP.MM, in October.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI