RUMANIAN OIL
STEPS TO MEET NATIONAL REQUIREMENTS,
SAFEGUARDING NEUTRALITY. Rumania's Minister of Commerce said on Tuesday that the measures Rumania was taking, to organise oil production were aimed solely at meeting national requirements. Rumania was absolutely determined to safeguard her neutrality, and claimed the right to follow a policy in accordance with her position as a neutral.
Oil was the basis of Rumania’s economy, and accounted for more than 60 per cent of her exports. It was essential for her military forces, and there was an urgent need for the expansion of production. He was speaking at the installation of Hie Commissioner-General of the Oil Industry. The Commissioner-Gen-eral said that the aims of the new organisation were to co-ordinate production. distribution, and consumption to ensure necessary supplies I'm- the Rumanian Army and for the purpose of national economy.—By radio.
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Wairarapa Times-Age, 1 February 1940, Page 5
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139RUMANIAN OIL Wairarapa Times-Age, 1 February 1940, Page 5
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