THE FUEL SITUATION IN EASTERN EUROPE.
Abstract
Eastern Europe is deficient in fuels, especially liquid fuels. The deficiency will worsen as the economic growth and industrialization of the area proceed according to plans and expectations. The Soviet Union, the major ally of the East European states and a major oil exporter cannot, and, in any case, probably would not fulfill expected bloc-nation requirements. Faced with such a situation the East Europeans will have to give serious consideration to the following alternatives: (1) Adopt a policy of fuel substitution and self-sufficiency with disastrous consequences for the cost of East European products. (2) Participate more actively in the expansion of oil extraction in the Soviet Union, chiefly through capital exports. (3) Improve the technology of its manufactured exports to the Soviet Union thus making it more worthwhile for the latter to export more oil to the area. (4) Strive seriously for a thorough change in the trade pattern to enable Eastern Europe to earn enough hard currency to purchase oil in the world market and establish a system of large-scale barter arrangements with the developing oil-producing countries, that is to say with the Middle East. (5) Search for new sources of energy which would mean building an impressive nuclear establishment. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1967
- Accession Number
- AD0663455
Entities
People
- Stanislaw Wasowski
Organizations
- Institute for Defense Analyses