IMPORTS OF PETROL
AUSTRALIA’S POSITION
EAST INDIES OILFIELDS INADEQUATE
Rec. 10 p.m. SYDNEY, May 26. Australia can expect no immediate increase in petrol imports from tne East Indies to pffset the drop in petrol shipments from the Middle East, according to oil company representatives. The main East Indies oilfields in Borneo and Sumatra, devastated during the war, are, working to capacity but production cannot increase until the installations are rebuilt. A leading oil company representative says that his firm is importing as much crude oil from British North Borneo as can be obtained, and refining it in Australia. . The secretary of the Service Station Proprietors’ Association, Mr C. A. Gregory, said the amount of oil now coming from the East Indies was “ only a triclue,” and that since, the beginning of the vear three tankers had been chartered to bring a total of 10,000,000 gallons of oils from the Netherlands East Indies. The annual consumption in Australia was be.tween 300,000,000 and 350,000,000 gallons.
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Bibliographic details
Otago Daily Times, Issue 26782, 27 May 1948, Page 5
Word Count
163IMPORTS OF PETROL Otago Daily Times, Issue 26782, 27 May 1948, Page 5
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