CASPIAN OILFIELDS.
i OLD BRITISH CONCESSION. i i . OFFERED TO FRENCH. fSecelved 1.30 p.m.) PARIS, February 21. The Soviet delegation has made a pro- ( pcsai. offering to French bankers a con-; cession of the oilfields on the River Emha | . (Sowing through the province of Uralsk i . into the Caspian Seal. , . The bankers, however, are unlikely to \ , accept this, because, although the oilfields j are rich, they are situated in marshy, • ; unhealthy country on the shores of the '■ Caspian. There is also shortage of j . labour, while the nearest railway is 2-50 j miles away, and the development of the j field will require considerable fresh J capital. Moreover, it was worked by a j British company before the war. and the French are loath to trespass. — A. and ■ N.Z. Cable.) : I
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Auckland Star, Volume LVII, Issue 44, 22 February 1926, Page 8
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131CASPIAN OILFIELDS. Auckland Star, Volume LVII, Issue 44, 22 February 1926, Page 8
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