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OFAC extends NIS’s operating licence to 28 August

August 1, 2026, 08:05 AMUpdated: August 1, 2026, 08:05 AM

OFAC has extended NIS’s operating licence until 28 August, allowing the company to continue operating and refining crude oil. Decisions on MOL’s talks with Gazprom Neft and JANAF deliveries are still pending.

What matters

New deadline

The operating licence now runs until 28 August.

NIS operations

The licence permits continued operations and crude-oil refining.

What remains unresolved

OFAC still has to decide on licences for MOL–Gazprom Neft talks and JANAF deliveries.

Breakdown by publication

How sources frame this story

Sources in this card: 1

Mobile shows the first 1; the full breakdown is available on desktop.

N1
Licence and pending decisions

OFAC extended NIS’s licence until 28 August

Citing RTS, N1 reports that OFAC extended NIS’s operating licence until 28 August. This allows operations and oil refining to continue; decisions are still awaited on MOL’s request to negotiate with Gazprom Neft and JANAF’s request to supply NIS.

Read source

Overall takeaway

The extension to 28 August preserves an operating window for NIS, but does not replace decisions on ownership and supply logistics.

What this means for residents

Fuel supply

The extension removes the immediate risk of a Pančevo refining halt, but does not settle the ownership issue.

Watch for decisions

The next factors are talks over the Russian stake and oil deliveries.