Russia's Gazprom Neft reaches provisional agreement to sell NIS stake to Hungary's MOL
ReutersJan 19, 2026 1:59 PM
BELGRADE, Jan 19 (Reuters) - Russia's Gazprom Neft SIBN.MM has reached a provisional agreement with MOL MOLB.BU to sell the Hungarian company its majority stake in Serbian oil refiner NIS NIIS.BEL, Serbia's Energy Minister Dubravka Djedovic Handanovic said on Monday.
In a statement to the Video Plus news service, she said that the U.S. Treasury Department's Office of Foreign Assets Control, which had introduced sanctions against NIS over Russian ownership, will need to approve the deal.
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