The Work of A.P. Serebrovskiy Targeted at Modernization of Domestic Oil Industry in the Period of NEP: the Attraction of American State Capital
The author analyses the main stages and overall results of the Soviet-American cooperation in the field of oil extraction and processing in the 1920's, the foundations of which was laid by the head of the largest soviet trust "Azneft" A. Serebrovskiy. Serebroskiy managed during his long lasting business trip to the USA not only to visit a number of factories and trades, but also to sign contracts even with John Rockefeller Sr. The consequences of the trip were as follows: a new production management system in the "Azneft", production of new products (cracked gasoline etc.), creation of modern domestic base for drilling and oil processing machinery, improvement of soviet engineers' professional education level, and even improvement of the oil industry workers' living conditions.