The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-08-20
The Struggle for Soviet Russian Oil

CIR DETERDING, president of the Royal Dutch
~ Shell, the greatest Anglo-Dutch oil concern,
receiving the news of the conclusion of oil agree
ments between the Soviet Russian Naphtha Syndi-
cate and American petroleum companies, published
furious declaration. In this declaration Defending
(who it may be observed is one of the chief or
ganizers OF aggressive action against the Soviet
Union) applies directly to the central company rep
resenting the Rockefeller petroleum interests the
Standard Oil Co. of New Jersey, in order to induce
it to intervene against the agreements between
American companies and the Soviet Russian Naph-
tina Syndicate. The Standard Oil, in its reply, de-
cares that it itself has no intention e entering into
any business with the Soviet Union. The president
of the Standard Oil Co. of New Jersey, Walter
Teagels even declared himself prepared to go TO
London for the purpose of arranging jnint action
with the Royal Dutch Shell against the Soviet Union.
At the same time, however, the Central Company
confirmed ct the report that various of its af
filiated companies, the Standard Oil of New York
and the Vacuum Oil Company, had concluded agree
ments with the Soviet Russian Naphtha Syndicate
1t declared, however that it has no influence over
its daughter companies, these being Autonomous"
George Whaey, president of the Vacuum OIL like
wise, in Interview dating from the time,
pointed to the autonomous position of his company
and expressed his definite intention of keeping the
contracts made with the Soviet Russian Naphtha
Syndicate.
The actual agreements entered into between the
American petroleum companies and the Soviet Rus
sian Naphtha Syndicate follows. Contracts
TO supply petrol to Egypt already concluded two
years ago, have been prolonged. The Soviet
Russian Naphtha Syndicate has been obliged to pro-
long this contract, not being in a position to sell its
products in Egypt its own account. Thanks to
their predominant influence, the English oil
Germs have hitherto prevented establishment If
branch depots by the Soviet Russian Naphtha Syn
dicate the chief places concerned being the
ports and oil oil bunker stations in the Mediterran-
can and Suez Canal. Hence the Soviet Russian Naph-
tina Syndicate has been forced to endeavor to evade
this ban its OIL and for this reason entered into
contract with the Vacuum Oil Company, which under
took the sale of Soviet Russian oil in Egypt, where
The oil can be sold at especially competitive prices,
account of the short distance from the oil sources
The prolongation Of this contract has been ac-
companied by the conclusion of fresh agreement
with the Vacuum Oil Company for the supply of
100000 tons of crude naphtha yearly.
The Standard Oil Company of New York has
also made contract with the Soviet Russian Naph-
tina Syndicate. According to this agreement, the
Soviet Russian Naphtha Syndicate is to supply the
tank fleet of the Standard Oil Company of New
York. in the Mediterranean and in the Indian Ocean,
with fuel-bunker mazout-for the term of six years
On the part of Soviet Russia, the motives to bring
about these and other contracts the following:
The Soviet Russian Naphtha Syndicate does not
possess a'tank fleet large enough to cope with the
rapidly growing export of naphtha. The agreements
with the American ~--~n->ias ensure the syndicate