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OMV Stops Fuel Procurement from Serbian NIS due to U.S. Sanctions
The Austrian oil, gas, and chemicals group OMV has stopped purchasing fuel from the Serbian energy company Naftna Industrija Srbije (NIS) due to the threat of U.S. sanctions. NIS is majority-owned by the Russian companies Gazprom Neft and Gazprom.
The situation remains tense and it remains to be seen what further impact the US sanctions on NIS will have on the Serbian energy market. / Picture: © Wikimedia Commons; K.yakovleva, CC BY-SA 3.0 Unported DEED (https://creativecommons.org/licenses/by-sa/3.0/deed.en)
Instead, OMV is now organizing the supply of its filling station network in Serbia independently, as the company announced in a press release. The fuels will be imported from other European refineries and delivered to Serbia by barge via the Danube. OMV operates 64 filling stations in Serbia and has access to products from refineries in Austria and Romania. The Greek supplier Eko also…
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