energy stability

Experts warn NIS crisis threatens Serbia’s long-term energy stability despite short-term fuel supply security

The Serbian Government held an emergency session regarding the situation at Naftna Industrija Srbije (NIS) following U.S. sanctions. Experts say there will be no fuel shortages, but warn that the long-term stability of the oil market and future prices are at risk. Fuel supply in the short term Bojan Stanić from the Serbian Chamber of Commerce stated that: Financial consultant Vladan Pavlović warned that the Pančevo refinery can operate only 8–10 more days, as it needs 10,000 tons of crude…