مجموعة ٦/ ٤٨ "النفط: امتيازات في المملكة العربية السعودية. (الأحساء)" [ظ‎‎٦‎٢] (١١٥٣/١٢٤)

4
VI
li
V
V
And the Saudi Arab Concession shall be and is hereby modified to include all
the lands, islands, waters, territories and interests of the Government described
and referred to in the foregoing provisions of this article, and henceforth the
Saudi Arab Concession as modified by the Second Principal Agreement and by
this agreement shall be read accordingly. And, for convenience, all such lands,
islands, waters, territories and interests may be referred to as the “exclusive
area.
Article 6.
The following special provisions shall be applicable and shall have force and
effect as from the effective date of this agreement in regard to the Saudi Arab-
Koweit Neutral Zone and the Saudi Arab-Iraq Neutral Zone :—
(a) Computation of royalty accruing to the Government on oil and natural
gas obtained from the Saudi Arab-Koweit Neutral Zone and from the
Saudi Arab-Iraq Neutral Zone shall be governed by the royalty pro
visions of the Saudi Arab Concession; it being understood, however,
that the royalty as provided therein shall be payable to the Government
only on that proportion of the total oil and natural gas so obtained as
is represented by the Government’s interest in the said Neutral Zones,
respectively.
(b) The Company shall be entitled to enter into such agreement or agreements
as it deems necessary or desirable to enable the Company alone or with
another or others or through the medium of another company or other
companies formed by it (either alone or in conjunction with others),
to prospect for and develop and remove the petroleum and other hydro
carbon substances of and from the Saudi Arab-Koweit Neutral Zone
and the Saudi Arab-Iraq Neutral Zone or either one of such zones;
provided, however, that there shall be no violation of the provisions of
article 32 of the Saudi Arab Concession. So far as the Company or
any company or companies formed by it is concerned, any such agree
ment may contain the right of transport for all purposes of the enter
prise by all manner of means of carriage over and along all ways
within the Saudi Arab-Koweit Neutral Zone and the Saudi Arab-Iraq
Neutral Zone or either one of them and to and from any point or points
within the said zones from and to any point or points within Saudi
Arabia. And the right in respect of the Saudi Arab-Koweit Neutral
Zone to use any ports and waterways free of all fees, dues, assessments
and charges of any nature or kind whatsoever, in accordance with
article 21 of the Saudi Arab Concession.
(e) The Company may promote a company or companies of a nationality
acceptable to the Government to explore and prospect for and exploit,
remove and export petroleum and other hydrocarbon substances in and
from both or in and from each or in and from either of the said two
neutral zones.
Article 7.
The provisions of article 9 of the Saudi Arab Concession shall henceforth be
replaced by the following provision, namely:—
^ P er ^ 0 d t en years from the effective date of this agreement, the Com
pany shall be under no obligation to relinquish to the Government any portion
of the exclusive aiea cohered by the Saudi Arab Concession, as modified by this
agreement. Upon the expiration of this ten-year period, and from time to time
thereafter, the Company shall relinquish to the Government such portions of the
exclusive area as the Company may decide not to explore further, or to use other
wise m connexion with the enterprise. The portions so relinquished shall there
upon be released from the terms and conditions of the Saudi Arab Concession,
as modified by this agreement; provided, however, that the Company shall not
withstanding such relinquishment, continue to enjoy the right reserved by the
Saudi Arab Concession to use the portions so relinquished for transportation and
communication facilities the Company interfering as little as practicable with
any other use to which the Government may desire the relinquished portions to be
put.
MM