refinery Pancevo

Serbia: US sanctions block crude shipment to NIS, threatening operations at Pancevo Refinery

US sanctions imposed on Serbia’s oil company NIS, due to its Russian ownership, have blocked a crude oil shipment that was expected to provide temporary relief for the country’s only refinery in Pančevo. Without new supplies, the facility may be forced to halt operations within days. President Aleksandar Vučić previously warned that the refinery—which produces […]

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