Negotiations with MOL not going well, situation more complicated than it seems

The situation with the negotiations regarding the oil sector and the company NIS is not at all simple, warned Serbian President Aleksandar Vucic. He stated that the negotiations with the Hungarian company MOL “are not going well” and that Serbia hoped for understanding from the US administration regarding potential sanctions.

Speaking about the current negotiations and the deadline that expires on May 22, Vucic said that Serbia was trying to find a sustainable solution, but that he was not sure of a positive outcome.

– This thing with MOL is not going well for us, it is not going great. We are always allowing for the possibility for it to be done properly, but I am not too optimistic – said Vucic.

He added that he expected the US Office of Foreign Assets Control (OFAC) to understand Serbia’s position.

– I hope that the US OFAC will understand Serbia’s position and that Serbia will not be punished, as it has done nothing wrong, and I’m asking them to understand that – said the Serbian president.

Vucic said that the situation was far more complicated than the public could see and that serious political and business games were being played in the background.

– If I were to tell everything I know about all this in the past year, you could make a film. You should see who is cheating us, lying, what games are being played, what is behind the scenes – Vucic told reporters at the celebration of the 15th anniversary of the program The World in Serbia.

NIS a.d. Novi Sad

MOL Serbia d.o.o. Beograd

MOL Hungarian Oil and Gas Budapest

Naftna industrija Srbije

MOL Group

OFAC

Aleksandar Vučić

sale of NIS