Automatically translated version. May contain inaccuracies compared to the original.
Russia plans to take 10% of the global market by the end of the year: details of agreement with the U.S. on diesel revealed
Moscow plans to increase fuel exports and earn additional revenue amid an agreement with the U.S. on diesel fuel exports, said Russian Deputy Prime Minister Alexander Novak.
He said that Moscow is currently negotiating with Washington on contracts to supply diesel fuel to the United States. Novak also said that so far no shipment of diesel has gone to America, because this will take time, including to load tankers. Russia plans to supply diesel directly to American customers.
Novak also said that as a result of these arrangements Russia will be able to increase its oil refining volumes and boost budget revenues. According to him, by the end of the year Russia could already increase diesel fuel exports to 3,5 million tons per month and capture about 10% of the global market.
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