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MOL in talks to buy NIS, claims Orban’s chief of staff

Source: eKapija

Thursday, 27.11.2025.

15:16

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MOL is in talks to buy Serbian oil company NIS, owned by Gazprom, said the chief of staff of the Hungarian Prime Minister Gergely Gulyás, reported the Hungarian economic portal Világgazdaság. The media outlet states that Serbia must find a buyer for NIS, which operates the refinery in Pančevo, as soon as possible.

Read more:

MOL to increase exports to Serbia – Up to two and a half times more oil and derivative products than before from Hungary
Szijjarto: Hungarian MOL could take over NIS stake
Relief coming from Sremski Karlovci – MOL to expand its fuel delivery terminal

The Hungarian government is ready to help sign such a deal, if necessary, said Gulyás.

In addition to MOL, the Arab investor ADNOC, based in the UAE, has also been mentioned as a potential buyer of NIS, while the Serbian state has also expressed its readiness to take control of the company hit by sanctions, if necessary. In that case, Belgrade could do so by amending the draft budget law.

By the way, Hungary’s largest private energy company, MOL, is prepared to further increase the supply of petroleum products and crude oil to Serbia, announced Hungarian Foreign Minister Péter Szijjártó.

In November, the company had already doubled the volume of its petroleum product exports to Serbia compared with previous levels. A further increase is expected in December, which could raise deliveries to two and a half times the original amount, according to the Minister, as reported by CEENERGYNEWS.

Companies:

MOL Hungarian Oil and Gas Budapest

MOL Serbia d.o.o. Beograd

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