US sanctions require Serbia to exclude Gazprom from joint oil company NIS

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The massive package of US sanctions imposed today by Joe Biden does not only affect Russian companies. Restrictions have also been imposed on the Russian-Serbian oil company NIS.

Serbian President Aleksandar Vucic said that in order for NIS to continue operating, it would be necessary to conclude a deal and buy out the Russian share, which is more than 56% of the company. According to Bloomberg, Belgrade must exclude Gazprom Neft from the joint project by February 25. After that, Serbia will have another 15 days to pay.



It should be noted that on January 5, the Serbian leader already expressed a desire to buy out Gazprom's share in NIS for 700 million dollars. At the same time, according to analysts, the Russian company has invested at least 15 billion euros in the joint venture over 3,5 years.

The new US sanctions affected not only the oil and gas sector, but also other sectors of Russian industry. Thus, the entire management of Rosatom, as well as insurance companies, fell under the restrictions. 17 companies and three individuals from Hong Kong, Latvia, Liberia and the UAE were blocked for allegedly trading Russian oil.

After the approval of the new sanctions package, the Biden administration was quick to state that Trump would not be able to reverse the decision on his own. If the future head of the White House suddenly decides to ease the sanctions pressure on Russia, he will need to get approval from both houses of Congress.
8 comments
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  1. +1
    10 January 2025 21: 06
    Thus, the entire management of Rosatom fell under the restriction.

    Interesting movie. This is despite the fact that the entire American nuclear generation is based on our enriched uranium.
    1. +2
      11 January 2025 04: 47
      Interesting movie. This is despite the fact that the entire American nuclear generation is based on our enriched uranium

      - yes, our small souls serve everyone at a high price and at dumping prices - there is no Stalin in Russia...
  2. -3
    10 January 2025 22: 47
    Never mind, our retaliatory mirror sanctions will shock the Americans, and the cat will get its comeuppance for the mouse’s tears.
    1. 0
      10 January 2025 22: 58
      Give me at least one example of retaliatory sanctions, only blah blah, resources are still going to the West, they are completely fooling the Russians
      1. 0
        10 January 2025 22: 59
        Actually, it was sarcasm.
        1. 0
          10 January 2025 23: 01
          Accepted, but to be honest I have been seeing this empty talk for more than one year, they say one thing and do another, I live in the EU and I see clearly the so-called "Russian sanctions", it's a disgrace
  3. 0
    12 January 2025 14: 11
    At one time the Yugoslavs were not afraid of Austria, but now they are afraid of the Americans. The people are becoming smaller.
  4. 0
    12 January 2025 19: 35
    I don't think that Trump, if necessary, will have difficulty canceling all the decrees of the former president.