Novak Suggests Full Restoration of Diesel Exports from Russia by End of 2026

Deputy Prime Minister Alexander Novak stated that Russia could return to its previous volumes of diesel fuel exports by the end of 2026 if the planned schedule is maintained. The pace of supply recovery depends on the capabilities of domestic refineries, which are not yet able to ensure the previous volumes. Before restrictions were introduced, monthly exports amounted to about 3.5 million tonnes.

Novak Suggests Full Restoration of Diesel Exports from Russia by End of 2026

The key facts

  • Alexander Novak suggested that previous volumes of diesel exports could be restored by the end of 2026
  • Exports are being increased gradually, within the capabilities of Russian refineries
  • Before the restrictions, monthly exports amounted to about 3.5 million tonnes; the priority is the domestic market

Restoration of exports possible by the end of the year

Russia may return to its previous volumes of diesel fuel exports by the end of 2026 if the planned schedule is maintained. This forecast was voiced by Deputy Prime Minister Alexander Novak to journalists in St. Petersburg. According to him, in that case foreign partners will once again be able to receive the usual volumes of Russian diesel.

Exports are being increased according to refinery capabilities

The pace of supply recovery, Novak explained, depends on the capabilities of domestic refineries. At present, Russian enterprises are not yet ready to supply foreign buyers with fuel in the previous quantities, so exports are being increased gradually. 'I want to emphasize that we are not restoring the full volume of exports right now, but within the capabilities of our refineries,' Life.ru quoted the deputy prime minister as saying.

Priority — the domestic market

It was previously reported that Russia intends to send abroad only surplus diesel fuel after supplying the domestic market. According to Novak, before the restrictions were introduced, monthly exports amounted to about 3.5 million tonnes. The deputy prime minister stressed that the needs of Russian buyers remain the priority.

Novak announced the dispatch of the first tanker with Russian diesel to the US

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