LETTER TO MR. M. J. RATHBONE FROM ALLEN W. DULLES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80B01676R003500230017-3
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 5
• Document Creation Date: December 12, 2016
• Document Release Date: April 10, 2002
• Sequence Number: 17
• Publication Date: June 10, 1961
• Content Type: LETTER

Approved For Release 2002/08/21 : CIA-RDP80BO1676R003500230017-3
 uovl IVM
UNCLASSII;IED CONFIDENTIAi CTi CRET
1
CENTRAL INTELLIGENCE AGENCY
OFFICIAL ROUTING SLIP
A v/ge09-
D1 e- l
INITIALS DATE
CONCURRENCE 1 X INFORMATION
RETURN
For your information and necessary ction.
The original of this letter and enclosure
will be shown to the Director.
FORM NO. I APR 55 23 ] Replaces Form 30-4
which may be used.
(40)
U. 5. GOVERNMENT PRINTING OFFICE : 1955-0-342531
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a"sI!161
MEMORANDUM FOR: Director of Central Intelligence
THROUGH: Deputy Director/Intelligence c
SUBJECT: Reply to Letter from the President of Standard
Oil Company (New Jersey) on Potential
Market for Soviet Oil
REFERENCES: (a) Letter from the DCI to Mr. M. J. Rathbone,
President, Standard Oil Company (N. J.),
dated 8 April 1961
(b) Letter from Mr. Rathbone to the DCI, dated
Z3 May 1961
1. This memorandum contains a recommendation for action
as set forth in paragraph 4.
Z. Your letter to Mr. Rathbone, reference (a), indicated that
we would welcome additional information on the capacity of Free World
markets to absorb Soviet oil in 1965 and, also asked whether the quality
of Soviet oil would present particular difficulties to Western refiners.
3. Mr. Rathbone's letter, reference (b), provides a useful,
detailed estimate of the Free World market for Soviet oil in 1965.
Mr. Rathbone's letter also gives some quality characteristics of
"typical" Urals-Volga crude oils which Standard Oil indicates probably
are moved in large volume" to the Free World. The quality charac-
teristics given are similar to those indicated in some Soviet sources
Approved For Release 2002/08/21 : CIA-RDP80B01676R003500230017-3
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for the specific fields Mr. Rathbone mentions. Other Soviet sources
indicate, however, much lower quality characteristics for oil from
these and the many other Urals-Volga fields, and we think it is
unlikely that the average quality of the Soviet crudes being exported
to the Free World is as high as that of the crudes mentioned in
Mr. Rathbone's letter.
4. It is recommended that the attached letter be signed.
STA
OTTO E. C THE
Assistant Director
Research and Reports
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Approved For Release 2002/08/21 : CIA-RDP80B01676R003500230017-3