Commodities
Russia's Deputy PM Novak says Russia could increase diesel exports to 3.5 million tons per month and take 10% of this market by the end of the year, Tass reports
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Novak described a possible year-end increase in Russian diesel exports and a 10% market share target; the report also notes initial deliveries and ongoing Russian-US contract work.
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The first deliveries of Russian diesel have already been exported. Diesel exports will boost oil refining and budget revenue. Russian and US companies are working on diesel supply contracts.
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