


U.S. Sanctions on NIS Delayed for 30 Days
U.S. sanctions on the Serbian Oil Industry (NIS) have been delayed for 30 days, announced the President of Serbia, Aleksandar Vucic.
11:09Pre 237 d27.02.2025.
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The Minister of Mining and Energy, Dubravka Djedovic Handanovic, stated that they received information from the U.S. Office of Foreign Assets Control (OFAC) that they have approved the request to delay sanctions and that the Americans have acknowledged the importance of NIS for our economy.
"This is certainly great news for the citizens of Serbia. We received information from the American side, primarily from OFAC, and early this morning, it was notified by the Government of Serbia that they have approved our request, or the support we gave to NIS's request to delay the sanctions. The Americans have stated that they understand the importance of NIS for our economy, for our citizens, but also for regional energy stability, and that NIS is vital for the functioning of some of the most important activities in our society, such as the healthcare system, police, and others," said Minister Djedovic Handanovic.
U.S. sanctions on the Serbian Oil Industry (NIS) have been delayed for 30 days, announced the President of Serbia, Aleksandar Vucic.
11:09Pre 237 d27.02.2025.
AutorShe emphasized that this permit from the U.S. administration, namely the 30-day delay of sanctions on NIS, does not apply to U.S. citizens or the U.S. financial system.
"Therefore, all individuals who, for example, have a U.S. passport, will not be able to continue doing business with NIS if they previously did, and will be at risk of being added to the OFAC sanctions list, but this does not apply to anyone else," said the Minister.
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AutorPaying for fuel at NIS gas stations is once again in the spotlight after foreign cards such as Visa, Mastercard, and American Express were disabled on October 10 due to U.S. sanctions against the Petroleum Industry of Serbia (NIS).
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AutorPresident of Serbia Aleksandar Vucic stated that, regarding the Petroleum Industry of Serbia (NIS), financial transactions pose a greater problem than supply, given that warnings have arrived from the U.S. to the NBS over the possibility of using the Dina card for payments at NIS gas stations.
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