Romanian Oil at the 1905 Liège Universal and International Exhibition (Moments of a Romanian-Belgian Common History) Cover Image

Petrolul românesc la expoziția universală și internațională de la Liège din 1905 (Câteva momente dintr-o istorie comună româno-belgiană)
Romanian Oil at the 1905 Liège Universal and International Exhibition (Moments of a Romanian-Belgian Common History)

Author(s): Laurențiu Vlad
Subject(s): History, Diplomatic history, Pre-WW I & WW I (1900 -1919)
Published by: Institutul Diplomatic Român

Summary/Abstract: The study issued by Professor Laurentiu Vlad deals with two major different topics: first of all, the way in which Romania was present within the framework of the 1905 World Exhibition organized at Liege, in Belgium. The second issue is even more important for our debate. As a direct result of the efforts done to present mainly the oil-connected business opportunities, a lot of foreign investors operating in this field came to Romania just after 1905. They had two major reasons to do this: Romanian oil was both cheaper and of better quality than other types of oil extracted at that time in Eurasia. So that, the 1905 Liege World Exhibition had an important role – presented with lots of details – in bringing to Romania large amounts of foreign capital. No less than seven companies based on Belgian capital started to operate in Romania immediately after 1905: Petroles de Roumanie S.A., Nafta S.A. in 1906; Antwerp petroleoum company of Rumenia S.A. in 1909; Petroles fe Tzintea S.A., Societe belgo-franco-roumanie de petroles S.A. and Credit petrolifere Anglo-belge S.A. in 1912, and Societe geologique et petroligere S.A. / Genophate in 1914.

  • Issue Year: II/2006
  • Issue No: II
  • Page Range: 19-27
  • Page Count: 9
  • Language: Romanian