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Trump Says Russia Will Supply Diesel as Ukraine Calls Deal a Gift

Trump Says Russia Will Supply Diesel as Ukraine Calls Deal a Gift
Ukraine Slams Trump’s Russian Diesel Deal as a 'Gift to Putin' · timesnownews.com

Donald Trump said he spoke with Russian President Vladimir Putin about diesel fuel.

Trump said Russia would send more than 300,000 tonnes right away.

He also named shipments of 500,000 tonnes in November and 1 million tonnes after that.

He said another 3 million tonnes could come soon, depending on the condition of Russia’s refineries.

Trump said the diesel and US control of the Strait of Hormuz would help bring prices down.

Russia’s deputy prime minister said exports would depend on how much fuel Russia had available at home.

A headline says Ukraine called the deal a “gift to Putin,” but the article gives no explanation of that criticism.

Key facts

Immediate shipment
More than 300,000 tonnes of diesel, according to Trump
November shipment
500,000 tonnes, according to Trump
Shipment thereafter
1 million tonnes, according to Trump
Further potential shipment
3 million tonnes within a short period, depending on refinery conditions, according to Trump
Intended markets
American and global markets
Trump’s price claim
He said the energy supply and US control of the Strait of Hormuz would bring prices down
Russia’s export position
Alexander Novak said Russia would consider partially reopening exports in the event of overproduction and was monitoring domestic supply
Ukraine’s response
A headline described Ukraine as calling the deal a “gift to Putin”; no supporting details were provided

Quotes

Alexander Novak

Russian deputy prime minister discussing diesel supply and storage constraints.

“I have just concluded a highly successful discussion with President Vladimir Putin of Russia, wherein it was agreed that Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace, another 500,000 Tons during the month of November, and 1,000,000 Tons immediately thereafter. Additionally, based on the condition of their Diesel Refineries, Russia will then deliver, within a short period of time, 3,000,000 Tons of Diesel Fuel.”
republicworld.com
“It is a normal situation because since we produce 80% more diesel than (we) consume in the domestic market, we support the domestic market and cannot accumulate more surplus than available tankage. Otherwise, refining volumes have to be lowered, and this may adversely affect the output of other products enjoying demand.”
republicworld.com

Sources

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