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Russia-owned oil refinery in Serbia to operate another month only, amid USA sanctions

Belgrade, 29 October 2025, dtt-net.com – NIS oil refinery in Serbia, owned in majority by Russia companies, will operate only until November 25, Serbian officials said today, following USA sanctions which started being implemented three weeks ago.

“The oil refinery in Pancevo will continue to work uninterruptedly until 25 November,” the Minister of Mining and Energy, Dubravka Djedovic-Handanovic said, amid halt of crude oil supplies…

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