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.