Russia's state-owned company Gazprom Neft to be forced out of Serbia's NIS after imposition of Western sanctions.
Russia’s state-owned company Gazprom Neft to be forced out of Serbia’s NIS after imposition of Western sanctions.
By Maziar Motamedi and News Agencies
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Russian owners have agreed to sell their shares in Serbia’s Naftna Industrija Srbije (NIS) after the major oil and gas company was slapped with Western sanctions.
Sanctions imposed on NIS in January as part of its crackdown on the Russian energy sector go into force.
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