MOL secures OFAC license to continue NIS negotiations
Key highlights
- MOL received an official license from the Office of Foreign Assets Control (OFAC).
- The license was issued by the U.S. Department of the Treasury.
- It permits continuation of negotiations to purchase a majority shareholding in Naftna Industrija Srbije a.d. (NIS).
- The authorization is valid until 11 December 2026.
OFAC license
MOL received an official license from the Office of Foreign Assets Control of the U.S. Department of the Treasury (OFAC) to continue negotiations.
Scope and deadline
The license permits continuation of negotiations on the purchase of a majority shareholding of Naftna Industrija Srbije a.d. (NIS) and is valid until 11 December 2026.
Source: MOL Group