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Diesel exports to boost oil refining, budget revenues — Novak

This is a positive signal on the whole for Russia's economy, the deputy PM stressed

MOSCOW, October 14. /TASS/. Russian diesel fuel exports will make it possible to boost domestic oil refining and increase budget revenues, Deputy Prime Minister Alexander Novak told reporters on the sidelines of the Russian Energy Week forum.

"This is a positive signal on the whole for our economy, associated with the increase of refining volumes at oil refineries, increase of production volumes, additional taxes to the budget, and the opportunity of budgeting social expenditures," Novak said.

"These are the opportunities for investments in particular," he added.

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Alexander Novak

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