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Russia Sees Sale of Gazprom Stake in Serbia’s Sole Refinery as Beneficial

OilPrice · Tsvetana Paraskova · last updated
Gazprom Neft’s deal to sell its stake in Serbia’s only refinery will be beneficial for Moscow, Russia’s Foreign Minister Sergey Lavrov said on Tuesday.  On Monday, Hungarian oil company MOL Group signed a binding heads of agreement with Russia’s Gazprom Neft to buy its 56.15% stake in Serbia’s only refinery Naftna Industrija Srbije (NIS), following months of talks and waivers from the U.S. for negotiations to proceed.  NIS operates Serbia’s only refinery in Pancevo, which supplies about 80% of Serbia’s…
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