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The entry into force of American sanctions against the Serbian oil company and gas, NIS, mainly owned by the Russian Giant Gazprom, planned for 1^is October was postponed for a week, said Serbian President Aleksandar Vucic Sunday.

The most important player on the Serbian oil and gas market, niche manages the only refinery in the country, which supplies around 80 % of the Serbian market. The company has been the target since January due to American sanctions against the Russian energy sector, but has since benefited from various successive delay.

Vucic announced on Sunday that he had postponed the American authorities. “We spoke with them and we have obtained an eight -day delay”He told the media during a pro-government rally in Obrenovac. He indicated that his government and the company would do “New proposals” As part of their negotiations “With Americans and others”. Serbian public television RTs said that the entry into force of the sanctions was postponed to 8 or 9 October.

NIS operates the only refinery in the country. Mr Vucic agreed last week that the sanctions would have a strong impact in Serbia, but assured the Serbs that they did not have to fear. The sanctions, introduced under the chairmanship of Joe Biden, are aimed at reducing the profit of Russian oil and gas trade after the invasion of Ukraine by Russia, of which Belgrade has been close by since 2022.