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Home > Finance > Deal to sell stake in Serbia's NIS to Hungary's MOL would benefit Russia, Lavrov says

Deal to sell stake in Serbia's NIS to Hungary's MOL would benefit Russia, Lavrov says

Published by Global Banking and Finance Review

Posted on January 20, 2026

1 min read

Last updated: January 20, 2026

Deal to sell stake in Serbia's NIS to Hungary's MOL would benefit Russia, Lavrov says - Finance news and analysis from Global Banking & Finance Review

Tags:oil and gas investment

Quick Summary

MOL's acquisition of a stake in Serbia's NIS is seen as beneficial for Russia, with Gazprom Neft selling its majority stake. Lavrov comments on the geopolitical impact.

Hungary's MOL Stake Acquisition in Serbia's NIS Seen as Advantageous for Russia

Impact of MOL's Acquisition on Russia

MOSCOW, Jan 20 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Tuesday that a deal for Hungary's MOL to acquire a stake in Serbian oil refiner NIS would be beneficial for Russia.

Details of the Stake Sale

Russia's Gazprom Neft has reached a provisional agreement to sell its majority stake in NIS to MOL, Serbia's Energy Minister Dubravka Djedovic Handanovic said on Monday.

Stakeholder Breakdown

Russia's Gazprom holds an 11.3% stake in NIS, while its sanctioned oil unit Gazprom Neft owns 44.9%. The Serbian government has 29.9%, with the remainder held by small shareholders and employees.

(Reporting by Vladimir Soldatkin and Dmitry Antonov; Writing by Maxim Rodionov; Editing by Mark Trevelyan)

Key Takeaways

•MOL's acquisition of NIS stake is beneficial for Russia.
•Gazprom Neft to sell its majority stake in NIS to MOL.
•Serbia's Energy Minister confirms the provisional agreement.
•Stakeholder breakdown includes Gazprom and the Serbian government.
•Lavrov's comments highlight geopolitical implications.

Frequently Asked Questions about Deal to sell stake in Serbia's NIS to Hungary's MOL would benefit Russia, Lavrov says

1What is Gazprom Neft?

Gazprom Neft is a subsidiary of the Russian state-owned energy company Gazprom, primarily involved in the extraction and production of oil and gas.

2What is MOL?

MOL is a Hungarian multinational oil and gas company, engaged in the exploration, production, and distribution of oil and gas products.

3What is a stake in a company?

A stake in a company refers to the ownership interest that an individual or entity holds in that company, usually represented by shares.

4What is an oil refiner?

An oil refiner is a company or facility that processes crude oil into usable products such as gasoline, diesel, and other petrochemicals.

Impact of MOL's Acquisition on Russia

MOSCOW, Jan 20 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Tuesday that a deal for Hungary's MOL to acquire a stake in Serbian oil refiner NIS would be beneficial for Russia.

Details of the Stake Sale

Russia's Gazprom Neft has reached a provisional agreement to sell its majority stake in NIS to MOL, Serbia's Energy Minister Dubravka Djedovic Handanovic said on Monday.

Stakeholder Breakdown

Russia's Gazprom holds an 11.3% stake in NIS, while its sanctioned oil unit Gazprom Neft owns 44.9%. The Serbian government has 29.9%, with the remainder held by small shareholders and employees.

(Reporting by Vladimir Soldatkin and Dmitry Antonov; Writing by Maxim Rodionov; Editing by Mark Trevelyan)

Key Takeaways

•MOL's acquisition of NIS stake is beneficial for Russia.

•Gazprom Neft to sell its majority stake in NIS to MOL.

•Serbia's Energy Minister confirms the provisional agreement.

•Stakeholder breakdown includes Gazprom and the Serbian government.

•Lavrov's comments highlight geopolitical implications.

Frequently Asked Questions

1What is Gazprom Neft?

Gazprom Neft is a subsidiary of the Russian state-owned energy company Gazprom, primarily involved in the extraction and production of oil and gas.

2What is MOL?

MOL is a Hungarian multinational oil and gas company, engaged in the exploration, production, and distribution of oil and gas products.

3What is a stake in a company?

A stake in a company refers to the ownership interest that an individual or entity holds in that company, usually represented by shares.

4What is an oil refiner?

An oil refiner is a company or facility that processes crude oil into usable products such as gasoline, diesel, and other petrochemicals.