Novak says Russia needs gasoline imports through at least year-end
In short
Russian Deputy Prime Minister Alexander Novak said Russia would continue importing gasoline through at least the end of 2026 to supply the domestic market and rebuild stocks. He also said the first diesel shipment to the United States would take at least two to three weeks, according to Jiemian's account citing CCTV.
Read the full story 1 min read
Russia will need to continue importing gasoline through at least the end of 2026, Deputy Prime Minister Alexander Novak said on October 15, according to Chinese reports. Jiemian, citing CCTV, said he linked the imports to supplying the domestic market and replenishing fuel stocks consumed during the summer. [ 1 , 2 , 3 ]
Novak also said Russian oil companies were ready to begin supplying diesel to international markets at any time, according to Jiemian. However, contracts and chartered shipping arrangements meant the first diesel shipment to the United States would come no earlier than two to three weeks later, the summary reported. CLS separately reported that relevant contracts would be signed before diesel exports began. [ 1 , 3 ]
Why it matters
Novak linked continued imports to fuel stocks depleted during the summer. His comments also distinguish Russian oil companies' readiness to export diesel from the time needed to arrange contracts and shipping.
Key facts
- Novak said gasoline imports would continue until at least the end of 2026. [ 1 , 2 , 3 ]
- He said imports were needed to supply the domestic market and replenish stocks used during summer. [ 3 ]
- Jiemian reported that arranging contracts and chartered shipping meant the first US diesel shipment could come no earlier than two to three weeks later. [ 3 ]
Confirmed by several sources
- Nothing is confirmed by two independent outlets yet.
Still unclear
- Exact dates and volumes for diesel shipments to the United States. The summary gives an earliest interval but no firm shipment date or quantity.