Hungarian oil and gas company MOL announced today it has successfully concluded negotiations with the Serbian government regarding a shareholders agreement for NIS, the Serbian oil company. The agreement finalizes a previously initiated transaction concerning NIS ownership. Details of the agreement weren’t immediately disclosed, but it marks a significant step in the ongoing restructuring of the company. This follows earlier discussions and aims to clarify the long-term partnership between MOL and Serbia in the energy sector. The deal is expected to impact future investments and operations within NIS. Further information regarding the specifics of the agreement will be released in due course, according to MOL’s statement. The resolution of this negotiation removes a key obstacle to NIS’s continued development.