Russian Refiners Ramp up Diesel Output After US Deal, Sources Say
Industry sources said quotas are freeing more fuel for export as Russia keeps its diesel ban in place and ships begin moving to the United States.
- Russian refiners raised diesel output in October after Moscow issued export quotas following the Kremlin's supply agreement with the United States. Production began rising toward 180,000 tons per day after the quotas arrived mid-month.
- President Donald Trump announced the deal on October 9, with Washington temporarily lifting sanctions on Russian fuel. Russia maintains an ongoing diesel export ban, monitoring the domestic market while adjusting shipments to meet new obligations.
- The Malta-flagged Agioi Fanendes left Primorsk on October 23 with about 40,000 tons of diesel, due in New York on November 7. Other tankers carrying Russian diesel are heading to Turkey and Brazil.
- Kremlin spokesman Dmitry Peskov said shipments would continue regularly. However, Standard Chartered warned that Russia will struggle to increase production because Ukrainian drone strikes have damaged refineries, requiring months to repair.
- Kyiv resumed refinery strikes on October 15 after a three-day pause, putting the October recovery at risk. Analysts doubt the volumes will move the market, noting that redirected barrels come out of supply to existing customers.
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Russian refineries increase diesel fuel production after deal with US - Reuters <p>In October, Russian refineries increased diesel fuel production to 180,000 tons per day after export quotas were approved. They were provided in within the framework of the agreement with the United States.</p>
Russia will increase refinery output in October in response to the US-Russia diesel deal after the government approved export quotas, industry sources said, Reuters reports.
Russian refiners ramp up diesel output after US deal, sources say
Oct 26 (Reuters) - Russian refiners are raising diesel production in October after the government granted export quotas following the Kremlin's supply agreement with the United States, said two industry sources close to the matter. US President Donald ...
Russian Refiners Ramp Up Diesel Output to Supply Trump Deal
Russian refiners have raised diesel output for October after Moscow issued export quotas under the Kremlin’s supply agreement with the United States, two industry sources told Reuters on Monday. Daily production fell to about 160,000 metric tons in the first half of the month, from 175,000 tons in September. It began climbing toward 180,000 tons a day once the quotas arrived in mid-October. Russia’s domestic diesel consumption typically drops to…
The Russians currently have roughly one million tons of diesel available for export per month.
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