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Dubravka Đedović Handanović — Photo: Nenad Kostić / N1

NIS plans higher refining amid fuel-supply constraints

Published: August 5, 2026 at 07:05 PM. Updated: August 5, 2026 at 07:05 PM.

The Mining and Energy Ministry says that weeks of low Danube levels are keeping fuel-supply conditions difficult. NIS expects to raise crude processing in the second half of August, once already ordered deliveries arrive, from about 9,500 to about 13,000 tonnes a day. The authorities also plan to allow the company to make about 23,000 tonnes of operational reserves available to other oil companies; imports of about 20,000 tonnes of diesel by water remain uncertain.

Energy

The emergency staff introduced no restrictions and asked people to save water and electricity

Published: August 3, 2026 at 08:08 AM. Updated: August 3, 2026 at 12:25 PM.

After the staff meeting on 3 August, Prime Minister Đuro Macut said the energy system was stable and no measures were being imposed on residents; the appeal to use water and electricity rationally remains. Low Danube levels have reduced output: the energy minister put Đerdap 1 at about 20% capacity and Đerdap 2 at 30%.

Energy

The Pančevo refinery is operating normally for now, but the risk from a further Danube decline remains

Published: August 3, 2026 at 08:18 AM. Updated: August 3, 2026 at 07:10 PM.

N1 reports that on 3 August the Pančevo refinery was operating normally and the low Danube had not yet affected production; savings measures are being taken in other processes. The day before, Aleksandar Vučić had only described a possible temporary halt if water falls further: no actual shutdown has been announced.

Economy

OFAC extends NIS’s operating licence to 28 August

Published: August 1, 2026 at 08:05 AM. Updated: August 1, 2026 at 12:15 PM.

OFAC extended NIS’s operating licence, MOL’s licence for talks with Gazprom Neft, and JANAF’s licence to transport oil for NIS until 28 August. This allows the company to keep operating, obtain crude oil and refine it in Pančevo, while the ownership issue remains unresolved.

Economy

Government proposes removing the cap on fuel-excise reductions

Published: July 31, 2026 at 08:25 AM. Updated: July 31, 2026 at 12:15 PM.

Serbia's government proposes removing the existing limit that allows fuel excise to be cut by no more than 20%. This is still a draft law, not a new reduction in petrol or diesel prices.

Economy

Fuel prices rise in Serbia: diesel 226, petrol 202 dinars

Published: July 31, 2026 at 07:02 PM. Updated: August 1, 2026 at 12:15 PM.

From 15:00 on 31 July, Serbia's maximum price is 226 dinars per litre for euro diesel and 202 dinars for Evro premijum BMB petrol. Both prices rose by two dinars and apply until 15:00 on 7 August; the temporary reduced excise rates were separately extended through 9 August.