By Maya Lester KC & Michael O’Kane

Advanced search

Register for free email alerts
Subscribe for full access
Login
By Maya Lester KC & Michael O’Kane

US extends licence for Russian-owned Serbian refinery

24 February 2026

US extends licence for Russian-owned Serbian refineryesfera/Shuttterstock.com

Serbia’s Minister of Mining and Energy has announced that the Serbian Oil Industry (NIS), a Russian-owned energy company which operates Serbia’s only oil refinery, has received an additional 30-day waiver from US sanctions. OFAC designated NIS in January...

Subscribe for full access Login

Regimes / Regions

Sanctioning States

Tags

  • Licensing
Michael O'Kane
By Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

More

Footer