Serbia's Vucic expects sale contract for NIS oil firm by March, Tanjug reports
ReutersJan 13, 2026 9:00 AM
ATHENS, Jan 13 (Reuters) - Serbian President Aleksandar Vucic said on Tuesday he expects binding terms for the sale of U.S.-sanctioned, Russian-owned oil company NIS to be submitted to the U.S. Office of Foreign Assets Control within 48 hours, the Tanjug news agency reported.
A final contract for the stake sale by NIS's Russian owners could be completed by February or March, after which the United States might extend an operating licence for NIS, Vucic was quoted as saying in Abu Dhabi by Tanjug.
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