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RUMANIAN OIL

Increased Output

Rumania's oil output in the first 11 months of 1936 totalled 8,001,173 tons, or nearly 5 per cent, more than in 1935. At the same time world output registered a decline of 12 per cent. Rumanian oil is now exported to 40 different countries throughout the world. In Hie first nine months of 1936 the total quantity exported was 5,156,000 tons, as against 5,055,224 tons in the corresponding period of 1935. The main countries importing Rumanian oil in one or other of its many forms (benzine, petroleum, lubricating oils, mineral oils, etc), for the period January-October, 1936, in tons, were:—German v, 853,492; France, 612,224; England. 607,504; Italy, 540,806; Malta, 281,993; Austria, 248,794; Czechoslovakia, 210,495; Egypt, 203,148; Hungary, 184,709. All other countries imported less than 100,000 tons in each case.

The importance of oil exports for Rumania’s balance of trade is reflected in the fact that in the first nine months of 1936 the total value of these exports was twice that-of grain and six times that of timber.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19370331.2.25

Bibliographic details

Dominion, Volume 30, Issue 157, 31 March 1937, Page 5

Word Count
172

RUMANIAN OIL Dominion, Volume 30, Issue 157, 31 March 1937, Page 5

RUMANIAN OIL Dominion, Volume 30, Issue 157, 31 March 1937, Page 5