INTERNATIONAL OIL DEVELOPMENTS - - - - SOVIET OILFIELD IMPORTS AND SOVIET GAS S

Created: 12/21/1973

OCR scan of the original document, errors are possible

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Sovk( Imparls Worsen Shortages of US Oilfield Equipment

Increased Soviet imports of oilfield equipment are adding to US shortages, which are hampering US exploration and development. The USSR ordered0 million worth of oilfield equipment from Western firms, compared with0 million worlh during the preceding three years. Most orders have gone to US firms, their foreign subsidiaries, or their licensees since US export controls were relaxedoviet purchases are concentrated on pipeline construction materials and equipment, tubular goods for drilling, and high-volume submersibleurrently in Mr| supply in the United States."V

Interruptions in Soviel Gu Supplies lo Europe

Technical problems have caused interruptions in Soviet natural gas exports to East Germany, West Germany, and Austria, The brief stoppages, apparently caused by decreased pressure and possible leafcj, began about one week after the new pipeline to West Germany was completed in early October and continued through November. Similar problems can be expected4 as the USSR expands gas exports to Austria and Hungary and betins Finland and Bulgaria.

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