Russian authorities are seeking a mechanism to bypass existing sanctions restrictions and restore large-scale sales of diesel fuel in the American market. As reported by The Moscow Times, this was stated by Russian Deputy Prime Minister Alexander Novak.
Negotiations on bypassing restrictions
According to Novak, consultations are currently underway between the Russian Ministry of Energy and the relevant US bodies. The goal of these discussions is to conclude a contract and find an instrument that will allow deliveries to be made despite the existing sanctions against a number of Russian companies. The Deputy Prime Minister is convinced that the parties will be able to find a suitable instrument to ensure logistics.
Leaders' agreement and plans to increase volumes
The initiative to export Russian diesel to the US and other global markets was agreed at the highest level on 9 October during a phone call between US President Donald Trump and Russian dictator Vladimir Putin. At that time, Trump emphasised that such supplies should help lower fuel prices.
Moscow has already determined indicative figures for the initial stage: 300,000 tonnes in October, 500,000 tonnes in November, and 1 million tonnes in December. In the long term, Russia aims to reach an export level of up to 3 million tonnes per month.
Expected results and war context
Novak noted that by the end of the current year, Russia could reach volumes of 3–3.5 million tonnes. This figure corresponds to the country's historical level of supplies to global markets and accounts for over 10% of the global diesel fuel market.
In addition, the Russian Deputy Prime Minister emphasised that such a deal could stimulate increased oil extraction and refining within the country, ensure additional tax revenues for the budget, and open up new investment opportunities.
It is worth noting that following the start of the full-scale invasion of Ukraine, sales of Russian petroleum products faced serious restrictions. Exports also decreased due to Ukrainian strikes on oil refineries.
On 14 October, Russia again claimed that Ukrainian forces had attacked an oil refinery; however, according to a source, these accusations were not supported by video evidence. An expert who previously headed the Centre for Countering Disinformation suggested that such reports may aim to influence Washington, specifically with the goal of depriving Ukraine of access to US intelligence.
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