RUMANIAN OIL
EXPORTS TO GERMANY A DECREASE LAST YEAR (British Official Wireless) 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 in 1938, a decline of 7 percent. 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 in 1938. This decline is, of course, largely attributable to the Allied blockade.
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Otago Daily Times, Issue 24236, 1 March 1940, Page 7
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158RUMANIAN OIL Otago Daily Times, Issue 24236, 1 March 1940, Page 7
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