"Contracts for diesel shipments to the USA should be signed faster in Russia"

Russian Deputy Prime Minister Aleksandr Novak stated that Russian oil companies are ready to ship diesel to the USA and stated that the first deliveries could be made within 2-3 weeks at the earliest after the contracts are signed.

Russian Deputy Prime Minister Aleksandr Novak made a statement to journalists within the scope of Russian Energy Week held in Moscow.

Evaluating the diesel shipment from Russia to the USA, Novak said, "In order for the shipment to be carried out, a contract must be signed, the fuel must be loaded, the ship must be rented and sent to the consumer. All of this takes 2-3 weeks. Therefore, agreements need to be signed faster."

Emphasizing that Russian oil companies are ready for shipment, Novak said, "Our companies are ready to start shipment at any time. Negotiations regarding commercial conditions are currently being carried out."

Stating that other countries besides the USA are interested in Russian diesel, Novak said, "Russian diesel is in demand all over the world. Of course, other consumers are also interested."

Novak answered the question about whether the price of diesel to be sold to the USA will be determined according to market conditions or at a discount, as follows: "This is the subject of commercial negotiations."

Stating that there have not been any discussions on extending the US license to import Russian diesel after April 2027, Novak said, "It is too early to talk about the extension. We will see how the situation will develop."