Naftna Industrija Srbije
Belgrade: The EU adopted the first package of Sanctions against Serbia
"With the eighth package of sanctions against Russia, the EU is actually introducing a first package of sanctions against Serbia, which depends on Russian oil supplies through Croatia", Serbian Interior Minister Aleksandar Vulin said.
Russia’s Gazprom Neft to Build 20 New Filling Stations in Bulgaria
Gazprom will build 20 new filling stations in Bulgaria by end-2016, according to Ivan Kostadinov, Genaral Mager of NIS Petrol Bulgaria.
NIS Petrol is 100%-owned by Gazprom Neft's subsidiary Naftna Industrija Srbije (NIS).
Kostadinov, as cited by Trud daily, explained that the construction works would start in March or April.
Vucic: NIS probe will not put ties with Russia in danger
BELGRADE - Serbian Prime Minister Aleksandar Vucic said on Wednesday that he does not believe that the probe into the privatisation of the oil company Naftna Industrija Srbije (NIS) will put Serbia's ties with Russia in danger, and added that the investigation will reveal what happened in the sale of the majority stake in the national oil company to Russia's Gazprom Neft.
Serbia's Deputy PM Opposes Gazprom Pocketing Entire Profit of NIS
The authorities in Belgrade have opposed the practice of Russian Gazprom, owner of a 56% stake in Naftna Industrija Srbije (NIS), pocketing the entire profit of the company.
Aleksandar Vucic, First Deputy Prime Minister of Serbia, noted that the company had reached a profit of EUR 380 largely thanks to Serbian oil, not extraordinary managerial achievements.