There are only two pipelines for the transportation of the crude oil to the ports, Constanza and Giurgiu, through which go almost all oil exports. Therefore, for most of the crude oil the producers are dependent on costly transportation. However, the State railroads have no interest, so experts say. in the expansion of the pipelines which they control, since they would lose by this a large part of their income. ion, the fields are consider-ided up, the wells are far too close together, and therefore the natural gas pressure for the production of the crude oil is small. Since the pump costs are too high in view of the general profit ratio, only about 15 to 20 per cent. of the available oil is taken out, while in the case of rational production 70 per cent. can be taken out.
The above-mentioned obstacles have caused not only a subnormal exploitation of the oil deposits, but also an absolutely insufficient amount of new exploration. It is reported that the foreign companies, since they are uninterested under present conditions Miraculous Escape
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