Trump allows Russian company operate refinery despite sanction by Biden

Trump allows Russian company operate refinery despite sanction by Biden

President of the United States of America, Donald Trump, is letting a Russian Gazprom subsidiary continue operating in Serbia without sanctions. The immediate past President of the US, Joe Biden, put the company under sanctions in January as he was leaving office. Biden gave Gazprom 45 days to exit ownership of NIS. However, the company has been operating for at least the next two months, according to Serbian president Aleksandar Vucic. NIS, maj…

Russian Gazprom Neft and the Serbian oil company Naftna Industrija Srbije (NIS), majority-owned by Gazprom, have been granted exemption from US sanctions for the third time, Serbian President Aleksandar Vučić announced on the Instagram social network.

In January, the Americans gave Gazprom Neft 45 days to exit the Serbian oil company.

Gazprom Refiner Gets Fresh Reprieve on US Sanctions, Vucic Says

Naftna Industrija Srbije d.d., a refiner controlled by Russia’s Gazprom PJSC, won another reprieve on US sanctions, which have been postponed until June, President Aleksandar Vucic said on Saturday.

Serbia: U.S. sanctions put off again against energyist NIS, controlled by Russian Gazprom Admin FCE 26 Apr 2025 - 20:43 The U.S. gave another two-month stay before the imposition of sanctions against Serbian oil and gas company NIS, mostly controlled by Russian group Gazprom, announced Saturday Serbian president Aleksandar Vucic.NIS runs Serbia's only oil refinery, where it provides the bulk of the country's energy needs.

The imposition of sanctions against the Serbian state oil company has been postponed again. For the third time, Russia's Gazprom Neft and Gazprom's majority ... ...