Serbia Monitors MOL-NIS Talks, Cannot Influence Outcome

Serbia is closely observing discussions between Hungarian energy company MOL and the majority Russian owners of the Naftna industrija Srbije (NIS) oil company. Minister of Mining and Energy Dubravka Đedović Handanović emphasized that while the Serbian government is monitoring the situation, it cannot influence the outcome of these talks or any decisions made by the U.S. administration.

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Our part of the job is done when it comes to potential cooperation with MOL. We will continue to strengthen our reserves, monitor market supply, and make responsible decisions that ensure Serbia's energy stability.

Đedović Handanović stated on Instagram that Serbia has completed its part regarding potential cooperation with MOL. The country will continue to strengthen its strategic reserves, monitor market supply, and make responsible decisions to ensure its energy stability. She added that Serbia cannot control relations between the United States and Russia but will safeguard the country's interests while maintaining good relations with both sides.

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Serbia cannot influence the outcome, nor potential decisions of the American administration.

The security of supply for citizens and businesses remains Serbia's absolute priority. MOL recently received approval from the U.S. administration to continue negotiations with Gazprom Neft regarding the purchase of the Russian stake in NIS. This approval is valid until July 31, the same date as NIS's operational license.

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Serbia cannot influence relations between the United States and Russia, but it can protect the country's interests and maintain good relations with both sides.