bankruptcy

Srbijagas Director rules out bankruptcy or nationalization for NIS, assures gas supply stability

Dušan Bajatović, Director of Srbijagas, stated that bankruptcy and nationalization of the National Oil Company (NIS) are not viable solutions. He reminded that the Serbian government has allocated funds for market capitalization and is willing to “buy, pay, and even overpay” to ensure the company continues operating. Bajatović emphasized that a gas crisis in Serbia is unlikely. “Bankruptcy is not an option, nationalization is a bad option, a complicated process I do not support,” Bajatović told TV Prva, adding that…