Press Release Issued by the Department of State on November 14, 194012
Consul Walter A. Foote at Batavia, Java, Netherlands Indies, has informed the Department that an agreement was initialed in Batavia on November 12 by representatives of Japanese oil importers and representatives of the local oil companies. The agreement provides for the export of 1,800,000 tons of petroleum products per annum to Japan from the Netherlands Indies. These exports will be composed of [Page 298] 250,000 tons of motor gasoline, 73,000 tons of fuel oil, 57,000 tons of kerosene, 100,000 tons of crude for lubricants, 540,000 tons of other crude, 120,000 tons of aviation crude, 50,000 tons of gas oil, and 116,000 tons of diesel oil, in addition to the normal import quota of 494,000 tons of petroleum products.
- Reprinted from Department of State, Bulletin, November 16, 1940 (vol. iii, No. 73), p. 432.↩