Israel Firm to Purchase 100,000 Tons of Crude Oil from Russia
Menu JTA Search

Israel Firm to Purchase 100,000 Tons of Crude Oil from Russia

Download PDF for this date

Delek, the Israel national fuel corporation, has reached an agreement with the Soviet Union for the purchase of 100,000 tons of Russian crude oil, the first shipments of which will begin to arrive in this country shortly, it was announced today by Dr. L Meron, director of Delek.

Earlier, Israel signed an agreement for the purchase of 150,000 tons of fuel oil, deliveries on which have been proceeding without a hitch, according to Dr. Meron. The oil company official also noted that shipments of Russian oil cost only one-half as much to transport as Venezuelan oil. The Soviet oil, for which Israel pays in citrus products, fills about one-fourth of Israel’s annual needs.

Founding Funders

The digitization of the JTA Archive would not have been possible without the generous support of the following donors:
  • The Gottesman Fund
  • Righteous Persons Foundation
  • Charles H. Revson Foundation
  • Elisa Spungen Bildner and Robert Bildner, in honor of Norma Spungen
  • George S. Blumenthal
  • Grace and Scott Offen Charitable Fund