Who is the Serbian company bidding $2.35 billion for the Russian-owned stake in NIS, and what is its stated relationship with the Russian owners?

The Serbian company is KFT Senator Treasury G.T.7 Two LLC (Senator), a recently formed entity founded last summer; Ranko Mimovic, its owner, stated that the bid of 2 billion euros ($2.35 billion) for Gazprom Neft and Gazprom’s combined 56.1% stake in NIS had been 'generally accepted' by the Russian owners.

What is the current status of Senator’s bid with respect to U.S. sanctions and OFAC licensing?

Senator initiated proceedings before the U.S. Treasury’s Office of Foreign Assets Control (OFAC) on October 30 to secure a license for acquiring a majority stake in NIS, informed Gazprom Neft of its plans on November 4, and as of the time of the report, OFAC’s website listed the request as 'pending management review'.

Unknown Serbian Group Bids $2.35 Billion for Stake in Russian-Owned Oil Firm NIS

May 6, 2026

A Serbian group has offered $2.35 billion for Gazprom's stake in Serbia's only oil refinery, NIS, challenging Hungary's MOL. The deal requires OFAC licensing following U.S. sanctions on Russia's energy sector.

reuters

2026-05-06

Unknown Serbian Group Bids $2.35 Billion for Stake in Russian-Owned Oil Firm NIS

2026-06-25

Russia's Gazprom Neft Says Talks on Serbia's NIS Sale Need Time

Unknown Serbian Group Bids $2.35 Billion for Stake in Russian-Owned Oil Firm NIS

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