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Lawyers have yet to determine whether EU sanctions apply to NIS as well

The European Union has introduced a ban on transactions with 12 Russian companies in which the state has a majority ownership, including three Russian oil giants. The Secretary General of the Association of Oil Companies of Serbia, Tomislav Mićović, says that lawyers have yet to interpret the new EU sanctions imposed on Russia and whether they also apply to the Oil Industry of Serbia. Mićović reminds that NIS is in the majority ownership of the company Gazpromneft, as well as…

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