Loading...
Market
Resolution of Serbia-US-Russia discussions on NIS by end of 2025?
2
United States•Serbia•Naftna Industrija Srbije•NIS•Russian•Gazprom Neft•Russia•Serbian•Aleksandar Vučić•Vučić
Resolution / Starting Odds
Serbia buys stake • 25%
Gazprom Neft retains stake • 25%
Third party buys stake • 25%
Other resolution • 25%
Official announcements from the Serbian government, US government, or Russian government
Story
US Sanctions Serbia's NIS, Gazprom Neft Given February 25 Deadline to Divest €700M Stake
Jan 11, 2025, 04:19 AM
The United States has imposed stringent sanctions on Serbia's sole oil and gas company, Naftna Industrija Srbije (NIS), which is majority-owned by Russian energy giant Gazprom Neft. The sanctions are part of a broader effort to target Russia's oil sector and require Gazprom Neft to divest its 56.15% stake in NIS within 45 days, with a deadline set for February 25, 2025. Serbian President Aleksandar Vučić described the sanctions as the harshest ever imposed on a Serbian company and indicated that Serbia might need to buy out the €700 million Russian stake to ensure continued operations. NIS’s market capitalization stands at just over $1 billion. Vučić also expressed plans to engage in discussions with the United States and Russia to address the situation. The measures are part of a larger U.S. sanctions package aimed at curbing Russian energy revenues, while Serbia seeks to preserve local fuel production.
View original story
Similar markets
Sanctions are lifted • 25%
No agreement reached • 25%
Sanctions remain unchanged • 25%
Sanctions are modified • 25%
Negotiations fail • 25%
Successful purchase • 25%
No resolution • 25%
Alternative agreement reached • 25%
Seeks EU intervention • 25%
Strengthens ties with Russia • 25%
Complies with U.S. demands • 25%
No significant action • 25%
Seek closer ties with the EU • 25%
No significant change • 25%
Diversify energy sources • 25%
Strengthen ties with Russia • 25%
Sanctions lifted • 25%
Sanctions delayed • 25%
Sanctions partially implemented • 25%
Sanctions fully implemented • 25%
Diversifies alliances • 25%
Maintains current alliances • 25%
Increased ties with EU • 25%
Increased ties with Russia • 25%
Russia retains stake • 25%
Stake sold to another entity • 25%
No change in ownership • 25%
Serbia buys stake • 25%
