The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) on Friday extended the operating license for Serbian oil company NIS until Aug. 28. OFAC also extended the license for Hungarian oil and gas company MOL to continue negotiations with Gazprom Neft on acquiring a majority stake in NIS, as well as the license for Croatian oil pipeline operator JANAF to transport crude oil to NIS’s refinery in Pančevo.












