Action Privilégiée de 187,50 Rbls. brown, black, olive. No 363. Photo-vignette of a working oilwell. Founded 1896 in Grozny, by Belgian investors in Russia, being the Antwerp-based Petroles de Grosnyi (Russie) SA. The company had its own refinery and was around 1909 the biggest oil producer in the Grozny area. It had an important sales contract with Standard Russe (held by the Paris Rothschilds).
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