1 magg 1928 anni - "This was the first United States investment in Russia since the Revolution." (Antony Sutton, Western Technology and Soviet Economic Development, 1917-1930, Hoover Institution on War, Revolution and Peace, Stanford University, Calif., 1968 pg 37-38)

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The 50,000-ton kerosene plant was built in 1927 by the Standard Oil Company of New York and then leased back by Azneft. Standard operated the plant under a three-year, Type II contrat, loading company tankers
with kerosene at Batum for shipment to Middle East and Far East markets. This was the first United States investment in Russia since the Revolution. There is no evidence that Azneft constructed or fabricated parts for any of the Batum refineries; there was complete reliance on imported technology,
supervision, and equipment 62. pg. 52-53

62-At least ten photographs were traced of a Standard Oil of New York unit at Batum. These were dated between 1927 and 1930, but the unit was described variously as a refinery, kerosene plant, fuel oil plant, etc. It is presumed, but not known with certainty, that there was only one Standard unit-a kerosene plant. While Standard of New York was thus aiding Soviet development at Batum, Soviet agents were busy in the Far East endeavoring to undermine its market position, with the lavish use of bribery and threats. [Naval Intelligence Report No. 159, May1, 1928 (316-137-1084/5)]

(Antony Sutton, Western Technology and Soviet Economic Development, 1917-1930, Hoover Institution on War, Revolution and Peace, Stanford University, Calif., 1968)

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