The nation is already capable of supplying over 1 million tons of fuel to the global market per month, the news agency has said
Russia has significantly increased production of diesel in the wake of an agreement reached between Russian President Vladimir Putin and his American counterpart Donald Trump, Reuters has reported, citing industry sources.
Daily output rose from 160,000 tons in early October to 180,000 tons after the Russian government introduced new export quotas in mid-month, the agency said. Moscow has eased its restrictions on diesel exports, allowing Russian companies to ship up to 500,000 tons of fuel to international markets in October while ensuring domestic demand remains fully covered.
Exports of diesel, marine fuel, and gas oil had previously been banned until October 31 as the government sought to stabilize the domestic market, which had been suffering from increased seasonal demand linked to the harvest season.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: rt.com
