Diesel exports to boost refining, budget revenues — Novak

Russian Deputy Prime Minister stresses: this is an overall positive signal for the Russian economy

Moscow, October 14. /TASS/. Alexander Novak, Deputy Prime Minister of Russia, told reporters on the sidelines of the Russian Energy Week forum: "Russia's diesel fuel export will make it possible to strengthen domestic oil refining and increase budget revenues."

"This is an overall positive signal for our economy, which is associated with an increase in the volume of refining in oil refineries, an increase in the volume of production, additional taxes to the budget and the opportunity to budget social costs," Novak said.

He added: "These are especially opportunities for investment.