NIS agreement deadline moved to July 1

MOL and JANAF have announced that the deadline for the agreement regarding Serbia's Naftna Industrija Srbije (NIS) has been moved to July 1. This follows the U.S. Office of Foreign Assets Control (OFAC) extending its sanctions license for NIS until the same date. The extension aligns with ongoing negotiations between Serbian President Aleksandar Vučić and U.S. officials over the energy company's operations under sanctions.