Croatia eyes Russia's share in Serbian oil firm NIS

2 min read Balkan countries, Croatia, Economy, Energy, Serbia, Gazprom, US treasury

Croatian Economy Minister Ante Susnjar said state-owned oil pipeline operator Jadranski Naftovod (Janaf) could acquire Russia’s stake in Serbian oil company Naftna Industrija Srbije (NIS), calling the potential deal a “natural business symbiosis”, local media reported. Janaf transports around 80% of the crude oil refined by NIS at its