Croatia Eyes Serbia's NIS: A Strategic Energy Play?
Update: 2025-10-09
Description
Croatia eyes buying sanctioned Serbian oil company NIS to safeguard its pipeline operator JANAF and regional energy stability. With US sanctions hitting NIS, Croatia's Economy Minister Ante Šušnjar says the move is strategic, aiming to protect JANAF's revenue, threatened by disrupted oil shipments, and prevent potential economic aftershocks in Bosnia and Herzegovina. Croatia emphasizes cooperation and regional security, not market dominance, as the driving force behind the potential acquisition.
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