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'File 39/2 (1 B/8) Effect of abrogation of APOC concession by Persian Government on oil market in Bahrain' [13r] (25/80)
The record is made up of 1 file (38 folios). It was created in 5 Dec 1932-15 May 1933. It was written in English and French. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
9
which final agreement proved to be impossible, the main
question being the nature and extent of the increased par
ticipation which the Persian Government desired to
receive. The Directors were of opinion that they could
not in fairness to the stockholders accept the views put
forward by the Persian Government on this point and
eventually these discussions ended in the spring of 1930.
In 1931 negotiations were again opened for a revision
not of the whole of the D’Arcy Concession, but of the
basis upon which the “ net profits ’ 5 of the Companv
were to be ascertained for the purpose of calculating the
royalty payable to the Persian Government.
The Persian Government was dissatisfied with the
working of the 1920 Agreement, and its representative
went so far as to contend that that Agreement was not
binding upon the Government, although it had been
signed by their fully authorised representative and had
been acted upon for some eight years without its validity
being questioned. The Directors pointed out to the
Persian Government representative that it was not
possible for them to enter into new negotiations on the
basis that the 1920 Agreement was not binding, but
■eventually the parties agreed to discuss the matter
without prejudice to the contentions of either party on
this point to see whether a new basis could be arrived at
which would be satisfactory to both parties.
Early in 1932 a preliminary Agreement was arrived
at between His Highness Teymourtache, Minister of
Court, on behalf of the Persian Government, and Sir
John Cadman, the Chairman of the Company, setting
out certain principles which had been agreed between
About this item
- Content
The file contains a letter from the Adviser to the Government of Bahrain and a letter from Anglo-Persian Oil Company (APOC), regarding the situation in Bahrain after the dispute between Britain and Persia, due to the cancellation of the 1901 D'Arcy Concession (see IOR/R/15/1/636).
The file also includes extracts from previous correspondence, reports and leaflets from APOC, and a copy of the 1933 agreement between the Imperial Government of Persia and APOC, in French and English.
The file also includes copies of newspaper articles on the subject, from The Times .
- Extent and format
- 1 file (38 folios)
- Arrangement
The papers in the file are roughly arranged in chronological order.
- Physical characteristics
Foliation: the main foliation sequence (used for referencing) commences at the front cover with 1, and terminates at the inside back cover with 40; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio. An additional foliation sequence is present in parallel between ff 1-39; these numbers are also written in pencil, but are not circled, and are located in the same position as the main sequence.
- Written in
- English and French in Latin script View the complete information for this record
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'File 39/2 (1 B/8) Effect of abrogation of APOC concession by Persian Government on oil market in Bahrain' [13r] (25/80), British Library: India Office Records and Private Papers, IOR/R/15/2/873, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100025675083.0x00001a> [accessed 23 November 2024]
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Copyright: How to use this content
- Reference
- IOR/R/15/2/873
- Title
- 'File 39/2 (1 B/8) Effect of abrogation of APOC concession by Persian Government on oil market in Bahrain'
- Pages
- 9r:16v, 27r:39v
- Author
- Anglo-Persian Oil Company
- Copyright
- ©BP is believed to be the rightsholder
- Usage terms
- Creative Commons Non-Commercial Licence