Energy
Mol Says Offer for Serbian Oil Refiner Accepted by Gazprom Neft
A Gazprom PJSC gas station, operated by Naftna Industrija Srbije AD (NIS), in Belgrade.
Photographer: Oliver Bunic/BloombergA Mol Nyrt. executive said the Hungarian refiner’s bid for a stake in Serbia’s Naftna Industrija Srbije was agreed by Gazprom Neft.
“The seller accepted the offer,” Mol’s chief strategy officer Gyorgy Bacsa said on a podcast published on Saturday, adding that the parties are now working out terms of the transaction. He didn’t disclose the purchase price or other financial conditions of the deal.