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OIL OF RUMANIA

EXPORTS TO GERMANY ACTUAL DROP IN WAR LAST YEAR COMPARED EFFECTS OF BLOCKADE (Elec. Tel. Copyright—United Press Assn.) (British Official Wireless.) Reed. 11 a.m. RUGBY, Feb. 28. Figures showing that the Rumanian oil exports are by no means so favourable to Germany as superficial observers have supposed are given by the semi-official journal of the Rumanian petroleum industry. The total exports of mineral oil, including bunker sales, amounted in 1939 to 4,178,000 metric tons, against 4,495.000 tons in 1938, a decline of 7 per cent. As in previous years, Germany, including Czechoslovakia, was the principal buyer, taking 1,285,000 tons, compared with 999,000 in 1938, bringing the German share to 30 per cent of the total Rumanian oil exports, compared with 22 per cent in 1938. But the expansion of supplies to Germany took place in the first eight months of the year and the war months have actually witnessed a decline of 30,000 tons, compared with the corresponding period of 1938. This decline is, of course, largely attributable to the Allied blockade

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GISH19400229.2.57

Bibliographic details

Gisborne Herald, Volume LXVII, Issue 20184, 29 February 1940, Page 5

Word Count
175

OIL OF RUMANIA Gisborne Herald, Volume LXVII, Issue 20184, 29 February 1940, Page 5

OIL OF RUMANIA Gisborne Herald, Volume LXVII, Issue 20184, 29 February 1940, Page 5

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