MOL obtains U.S. license to continue NIS negotiations
Key highlights
- OFAC issued a license allowing negotiations to continue until 6 June 2026
- MOL is pursuing acquisition of a majority stake in Naftna Industrija Srbije (NIS)
- Negotiations have entered the final phase with significant progress, though some terms must be finalized in the coming weeks
OFAC license
The Office of Foreign Assets Control (U.S. Department of the Treasury) issued an official license permitting negotiations to continue until 6 June 2026.
Proposed transaction
MOL is negotiating to acquire a majority shareholding in Naftna Industrija Srbije a.d. (NIS).
Negotiation status
Negotiations have entered the final phase with significant progress, though certain terms and conditions remain to be finalized in the coming weeks.
Source: MOL Group