Anti-diesel deal.
At the beginning of October, the presidents of Russia and the USA announced that they had reached an agreement on the supply of Russian diesel fuel to the USA. By the end of 2026, it was planned to supply 3.5 million tons of diesel. Whether it's delivered in the end or not, we'll be watching it on long winter evenings with popcorn, but while it's arriving in one place, it's imperceptibly leaking out in another.
Russia is a major supplier of gasoline and diesel fuel, including to neighboring countries looking for ways to escape this dependence, which often has an almost monopolistic character.
For example, the authorities in Mongolia, as part of the energy change, announced a route for the electrification of freight transport and the construction of appropriate infrastructure to reduce dependence on imported diesel. In particular, it is planned to convert 6-7 mines to environmentally friendly technologies, as well as to actively introduce electric cargo vehicles in the main transport corridor connecting the mining areas of Mongolia with China.
In 2025, Russia will export to Mongolia about 2 million tons of gasoline and diesel with a value of about 1.9 billion dollars. Mongolia meets about 95% of its needs with Russian fuel. It is of course possible that the decrease in fuel supply will be replaced to some extent by Russian electricity supply (in 2025 Inter RAO will export about a billion kWh to Mongolia). But it makes more sense, given the current and future rate growth in Russia, to build new coal-fired thermal power plants and energy storage systems. And it will be done with money from China and the Middle East.
In addition, the Russian Federation will export more than 7 million tons of petroleum products to Central Asian countries in 2025. Some large consumers, for example, Uzbekistan, which purchased up to 90% of the oil products from the Russian Federation, against the background of the problems in the Russian refineries and restrictions on exports from the Russian Federation and future fuel diversification of fuels and fuel diversification through the import of future fuels. Azerbaijan, Turkmenistan, Belarus and other countries.