-+ 0.00%
-+ 0.00%
-+ 0.00%
On October 16, local time, Russian Deputy Prime Minister Novak said in an interview with the media that despite recent drone attacks on some refineries, Russia's diesel production capacity is still sufficient to guarantee domestic market demand and export supply. Novak said that Russia's diesel production capacity is about twice the domestic demand. Attacks on refining facilities may cause some equipment to stop operating, affecting fuel production. Since this year, the diesel supply surplus has declined due to part of the production capacity being maintained, but overall it is still able to meet market demand. Russia is improving the ability of oil refineries to withstand drone attacks through measures such as strengthening air defense systems and building protective facilities. On the issue of diesel exports to the US, Novak said that the relevant supply has been exempted from sanctions for a period of six months, and issues such as chartering ships and insurance will not be an obstacle to supply. Currently, suppliers and buyers still need to complete commercial procedures such as signing contracts.
Share
Listen to the news
On October 16, local time, Russian Deputy Prime Minister Novak said in an interview with the media that despite recent drone attacks on some refineries, Russia's diesel production capacity is still sufficient to guarantee domestic market demand and export supply. Novak said that Russia's diesel production capacity is about twice the domestic demand. Attacks on refining facilities may cause some equipment to stop operating, affecting fuel production. Since this year, the diesel supply surplus has declined due to part of the production capacity being maintained, but overall it is still able to meet market demand. Russia is improving the ability of oil refineries to withstand drone attacks through measures such as strengthening air defense systems and building protective facilities. On the issue of diesel exports to the US, Novak said that the relevant supply has been exempted from sanctions for a period of six months, and issues such as chartering ships and insurance will not be an obstacle to supply. Currently, suppliers and buyers still need to complete commercial procedures such as signing contracts.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending