OFAC Extends License for Serbian Oil Industry Operations Until December 11

OFAC, a key regulatory body under the U.S. Department of Treasury, granted the Serbian Oil Industry (NIS) an operational license that was extended until December 11. The Serbian Oil Industry (NIS) is a state-owned enterprise central to Serbia's energy sector, involved in oil and gas production. The extension was confirmed by multiple Serbian news outlets, including Beta-News-Agency and Glas-Srpske, with minor differences in phrasing and reporting sources. Beta-News-Agency noted that the news was reported by Serbian Radio-Television (RTS), while Glas-Srpske did not mention the source. Both outlets, however, confirmed the extension of the license until December 11. The date of publication for Beta-News-Agency was October 30, 2026, at 17:05:09.000Z, while Glas-Srpske published the same information at 17:04:37.000Z. The extension is part of OFAC's regulatory framework for international oil and gas operations.