OIL IN NEW GUINEA.
GREAT INTEREST IN DISCOVERY.
United Press Association. —By Elec trio Telegraph.—Copyright. Received February 28, 9 a.m. Berlin, February 37.
Id the Budget Committee of the Reichstag it way stated that the Government raining expert had reported the discovery of oil in northwest German New Guinea. The committee voted £25,000 to cover nreliminary work.
Th.e oil is similar to that found in the Dutch Indies. German naval authorities are deeply interested in the discovery. Four large Companies are applying for liberty to exploit the oil field, including monopolies of land and telegraphs and exemption of taxes for fifteen years.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/RAMA19140228.2.29
Bibliographic details
Rangitikei Advocate and Manawatu Argus, Volume XXXIX, Issue 10888, 28 February 1914, Page 5
Word Count
102OIL IN NEW GUINEA. Rangitikei Advocate and Manawatu Argus, Volume XXXIX, Issue 10888, 28 February 1914, Page 5
Using This Item
See our copyright guide for information on how you may use this title.
Log in