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Dmitriev says Russia-US energy cooperation will benefit world after Trump diesel deal

🇷🇺 Russia 09:32 Energy Business2 Official updated 1 d ago first reported by ТАСС

In short

Kirill Dmitriev, the Russian president's special representative for investment and economic cooperation with foreign countries, said on October 9 that Russian-American cooperation in energy and the economy will continue and benefit world markets and the world. He was commenting after US President Donald Trump announced an agreement with Russian President Vladimir Putin on Russian diesel supplies, and after the US Treasury allowed supplies of Russian diesel. Trump said Russia would supply 300,000 tonnes of diesel to the US and world market, 500,000 tonnes in November and 1 million tonnes after that.

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Kirill Dmitriev, the Russian president's special representative for investment and economic cooperation with foreign countries, said on October 9 that energy and economic cooperation between Russia and the United States will continue. "Russian-American cooperation in energy and the economy will continue and will benefit world markets and the world as a whole," he wrote on social media, Kommersant reported. TASS, which identified him as head of the Russian Direct Investment Fund, also reported that he said the cooperation would benefit the world. [ 1 , 2 ]

Vedomosti reported that Dmitriev made the statement on X after a telephone conversation between Russian President Vladimir Putin and US President Donald Trump, and that he described the call as successful. Kommersant reported that Dmitriev was commenting on a US Treasury publication announcing permission for supplies of Russian diesel. [ 2 , 3 ]

Trump announced on October 9 that an agreement on diesel supplies had been reached with Putin. According to Kommersant, Trump said Russia was ready to supply 300,000 tonnes of diesel to the US and the world market immediately, 500,000 tonnes in November and 1 million tonnes later, followed by another 3 million tonnes "in the near future". Vedomosti reported Trump's figure for the first delivery as more than 300,000 tonnes, with 500,000 tonnes in November and 1 million tonnes "right after that", and said Trump indicated Russia may supply an additional 3 million tonnes in the near term. [ 2 , 3 ]

Vedomosti reported that the deliveries will depend on the condition of Russian refineries. It also reported that on the same day the US Treasury issued a temporary licence allowing supplies of Russian diesel to world markets in circumvention of sanctions. [ 3 ]

Why it matters

Vedomosti reported that the US Treasury's temporary licence allows Russian diesel to reach world markets in circumvention of sanctions. The volumes Trump described, including a possible further 3 million tonnes, would add Russian diesel supply to the US and global markets, though Vedomosti reported that deliveries will depend on the condition of Russian refineries.

Key facts

  • Kirill Dmitriev said Russian-American cooperation in energy and the economy will continue and benefit global markets and the world as a whole. [ 1 , 2 , 3 ]
  • Dmitriev posted the statement on X, Vedomosti reported, and described the phone call between Putin and Trump as successful. [ 3 ]
  • Trump announced on October 9 an agreement with Putin on Russian diesel supplies, following a conversation between the two leaders. [ 2 , 3 ]
  • According to Trump, Russia will supply 300,000 tonnes of diesel to the US and world market, 500,000 tonnes in November and 1 million tonnes after that. [ 2 , 3 ]
  • Trump said Russia could supply an additional 3 million tonnes of diesel in the near term. [ 2 , 3 ]
  • The US Treasury issued permission for supplies of Russian diesel; Vedomosti described it as a temporary licence allowing supplies to world markets in circumvention of sanctions. [ 2 , 3 ]
  • Vedomosti reported that deliveries will depend on the condition of Russian refineries. [ 3 ]

Confirmed by several sources

  • Dmitriev said Russian-US energy cooperation will continue and benefit the world. [ 1 , 2 , 3 ]
  • Trump announced an agreement with Putin on Russian diesel supplies. [ 2 , 3 ]
  • Trump said 500,000 tonnes would be supplied in November and 1 million tonnes after that, with a further 3 million tonnes mentioned for the near term. [ 2 , 3 ]
  • The US Treasury authorised supplies of Russian diesel. [ 2 , 3 ]

Still unclear

  • The size and timing of the first diesel shipment. Kommersant reported Trump said 300,000 tonnes would be supplied immediately, while Vedomosti reported more than 300,000 tonnes without giving that timing.
  • Whether the additional 3 million tonnes is committed. Kommersant reported Trump said Russia will supply it, while Vedomosti reported Trump said Russia may supply it.
  • How the condition of Russian refineries will affect deliveries. Only Vedomosti reported that deliveries depend on the state of Russian refineries, and it gave no details.

What local media are saying

Official sourcesTASS carried Dmitriev's statement that energy cooperation between Russia and the US will continue and benefit the world, identifying him as head of the Russian Direct Investment Fund. [ 1 ]
Business mediaKommersant and Vedomosti quoted Dmitriev and set his remarks against Trump's announcement of diesel volumes and the US Treasury's permission for Russian diesel supplies, with Vedomosti noting the licence works around sanctions and that deliveries depend on Russian refineries. [ 2 , 3 ]

Timeline, local time

  1. TASS reports Dmitriev's statement that Russia-US energy cooperation will continue and benefit the world. [ 1 ]
  2. Kommersant reports Dmitriev's comment on the US Treasury permission and Trump's announced diesel volumes. [ 2 ]
  3. Vedomosti reports Dmitriev called the Putin-Trump phone call successful and details the US Treasury's temporary licence. [ 3 ]