Formed by the Decree of the Presidium of the Supreme Soviet of the USSR on October 12, 1939 on the basis of the People’s Commissariat of the Fuel Industry of the USSR. Managed the oil production, oil refining, gas industry, liquid fuel production, construction of oil and gas industry facilities, oil engineering, and marketing of oil products. Ensured the development of the oil industry based on the introduction of advanced technology, mechanization and automation of production processes for the extraction and processing of oil and gas to fully meet the needs of the national economy.
New Items, Civil and Labor badges
USSR. Badge “Excellent student of socialist competition of Narkomneft”
$500.00
Silver. Enamel. Serial Number 2798. Small stamp MD. Type 1. Excellent mint condition. Rare. 26 x 21 mm. Circa 1939-1945.
