Serbian Oil Industry requests new US sanctions waiver

24 April 2025

Serbian Oil Industry requests new US sanctions waiverTupungato/Shutterstock.com

The Serbian Oil Industry (NIS) has applied for a further sanctions waiver to ensure its operations continue beyond 28 April 2025 (when the current licence is set to expire). OFAC designated NIS in January 2025...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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