US again postpones sanctions against NIS
Washington has granted a new 30-day reprieve from the sanctions regime for the Serbian oil company Naftna Industrija Srbije (NIS),…
Turnover: 0.24 mil. lei
Profit: -18.6705 mil. lei
Employees: 22
Vadim Smirnov - General Manager
Zeljko Kirin - E&P Deputy director
NIS Petrol SRL is a major player in the Romanian market and plans to extend its gas stations to 120 units before the end of 2014. NIS started also geological explorations on five onshore exploration blocks in a highly productive region of western Romania. Three of five blocks have a significant logistical advantage because they are situated in the close vicinity of the Serbian border. The start of commercial production is planned for the period of 2014-2015.to 120 units before the end of 2014.