Documents / FOIA release

Weekly Summary

Central Intelligence Agency · 1970-05-08 · 78 pages · text from the file's own layer

The CIA's Directorate of Intelligence issued this Weekly Summary, No. 0369/70, on 8 May 1970. It covers events through noon on 7 May. The Far East section deals with the allied operations into Cambodia, Hanoi's cautious response and the government in exile Sihanouk formed in Peking. Other items cover Soviet military aid, the Sino-Soviet talks, Jordan, Dahomey, Guatemala and Brazil, and a special report looks at Cuban support for subversion in Latin America. Many pages are withheld, and the summary contains no UFO material.

  • p. 27 …Egyptian President l\lasir’s May Day speech included an appeal to the US to force…
Approved for Release: 2023/03/28 C03154550
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years. Crude oil has had to be
pumped prematurely at a number of
wells because of declining pressure,
and pumping will be required at still
more wells in the near future.
At one Belorussian deposit, many
wells are idle because of mechanical
problems, and production from active
wells has been increased. This ap-
proach will result in fulfillment of
the current production plan but will
reduce ultimate recovery of oil from
this deposit alone by some l00,000
metric tons.
Tremendous waste of crude oil
and natural gas also has occurred
in the immense Urals-Volga and West
Siberian fields and elsewhere. Many
unrecoverable pockets of oil have bee
formed by improper water injection.
Last year some l0 billion cubic me-
ters of gas, about one fourth of
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all the gas produced in conjunction
with oil in the USSR, was flared.
Moreover, such waste is continuing.
In many cases, the exposure of scan-
dalous waste reportedly has led only
to unfulfilled promises that short-
comings will be corrected.
A number of factors contribute
to the Soviets’ profligate treatment
of their petroleum resources. The
incentive system induces maximum
production in the short—run regard-
less of technical requirements and
long—run consequences. Soviet pe-
troleum technology and equipment are
not up to Western standards. More-
over, responsibility for oil and
gas extraction is divided between
two ministries, resulting in fre-
quent failure to apply the best
techniques available for exploit-
ing associated deposits of oil
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Page 19 WEEKLY SUMMARY 8 May 70
Approved for Release: 2023/03/28 C03154550
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FOIA release, from the cia-readingroom collection. The PDF is mirrored here; the original link is above. 78 pages are in the text index: search them above, or from the library's search.