CRUDE OIL SHIPMENT TO FORMOSA

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP83-00423R000300180001-8
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: February 4, 1999
• Sequence Number: 1
• Publication Date: March 16, 1953
• Content Type: REPORT

roved For Re ease 1999/09/10 : CIA-RDP83-00423R000300
1.6717
COUNTRY Mexico
SUBJECT Crude oil Shipment to Formosa
PLACE ACQUIRED
BY SOURCE
DATE ACQUIRED
BY SOURCE
DATE OF
INFORMATION 16 Mar 53
SOURCE
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Mexico at the present time LIT-larch 19537 has more crude oil than it
can use. This is primarily the result of drilling in the Ordonez
field. In spite of this situation, they are very short on refined
products. In order to dispose of some of their crude, negotiations
have been underway with Dr Shiak, representative of the Chinese
Nationalist Oil Company, to ship Panuco crude to a plant in Formosa.
There is a good possibility that one or two T-2 tanker shipments will
be sent to Formosa. These tankers handle a 15-thousand ton cargo.
SECURITY INFORMATION
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