Loading...
Market
Will Serbia's oil refining capacity significantly reduce by June 30, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Reports from energy sector analysts or Serbian government energy reports
Story
U.S. Sanctions Serbia's NIS, Sole Refiner Controlled by Gazprom Neft, Requires Exit in 45 Days
Jan 10, 2025, 04:36 PM
The U.S. Treasury has imposed sanctions on Serbia's Naftna Industrija Srbije (NIS), the country's sole oil refiner, due to its control by Russian energy giant Gazprom Neft. This action is part of a broader initiative targeting Russian energy producers. Serbian President Aleksandar Vucic has described the sanctions as the harshest ever imposed on a Serbian company, indicating a significant blow to Serbia's international standing. The sanctions require Gazprom Neft to divest its ownership in NIS within 45 days. NIS generates approximately $3 billion in annual revenue, highlighting the economic impact of these sanctions on Serbia's energy sector.
View original story
Similar markets
Sanctions delayed • 25%
Sanctions lifted • 25%
Sanctions fully implemented • 25%
Sanctions partially implemented • 25%
No change in ownership • 25%
Stake sold to another entity • 25%
Serbia buys stake • 25%
Russia retains stake • 25%
No significant change • 25%
Strengthen ties with Russia • 25%
Diversify energy sources • 25%
Seek closer ties with the EU • 25%
Alternative agreement reached • 25%
No resolution • 25%
Successful purchase • 25%
Negotiations fail • 25%
Complies with U.S. demands • 25%
Seeks EU intervention • 25%
Strengthens ties with Russia • 25%
No significant action • 25%