Word: soyuzneftexport
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...Baku fields and opening of the vast new deposits east of the Volga, Soviet output has soared to an annual 148 million tons, next only to the U.S. (368 million tons) and Venezuela (149 million tons). From this gushing wealth comes the surplus pumped into export channels by Soyuzneftexport, Russia's oil marketing agency, which hopes to break the world monopoly of the eight Western "majors" with alluring sales stunts...
Coffee, Cocoa & Rubber. With no royalties to pay and no leases, worldwide distribution networks, dividends or profit statements to worry about, Soyuzneftexport was able to move into the Swedish market with 1,500,000 tons (one-seventh of Sweden's imports) in 1959 simply by knocking 22% off the price that Western suppliers were charging. In Brazil, there was hardly a discount at all in Russia's big contract last year; there the attraction was that Soyuzneftexport accepted Brazilian coffee and cocoa beans in a straight barter deal, whereas the "majors" demanded hard currencies...
...Jean Baptiste August Kessler, 45, whose father founded Royal Dutch, employed Sir Henri as his secretary. Royal Dutch's Kessler now has the position of managing director while Sir Henri is director-general. Chief Russian with whom he talked co-operation was Konstantin Riabovol, chairman of Soyuzneftexport, the Soviet oil export syndicate...
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