Novak: Russia may fully restore diesel exports by the end of 2026

Russian Deputy Prime Minister Alexander Novak said that Russia is capable of fully restoring diesel fuel export volumes by the end of 2026 if it stays on schedule. Currently, exports are being restored within the capacity limits of refineries. On October 10, the government partially lifted the ban on diesel exports, allowing the supply of 500 thousand tonnes.

Sevara AzamovaFirst published on tafs uz 1 min read
Novak: Russia may fully restore diesel exports by the end of 2026

The key facts

  • Novak: full diesel export volumes are possible by the end of 2026 if the schedule is met
  • Exports are being restored within the capacity limits of Russian refineries
  • On October 10, the ban on exporting 500 thousand tonnes of diesel fuel was partially lifted following agreements between Putin and Trump

Timeline for restoring exports

Russia may fully restore diesel fuel export volumes by the end of 2026, said Russian Deputy Prime Minister Alexander Novak, as quoted by TASS. According to his assessment, if the country stays on schedule, by the end of the year other countries will again be receiving the volume of diesel they received previously.

Refinery capacity constraints

Novak emphasized that at present, exports are being restored not in full, but within the capacity limits of Russian oil refineries.

Partial lifting of the ban

On October 10, the Russian government, in implementation of the agreements between the presidents of Russia and the United States, Vladimir Putin and Donald Trump, partially lifted the ban on diesel fuel exports. The decision allows 500 thousand tonnes of diesel fuel to be supplied to the world market.

Impact on domestic prices

Head of the Federal Antimonopoly Service Maxim Shaskolsky said that this decision will not affect fuel prices in Russia.

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