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'File 39/2 (1 B/8) Effect of abrogation of APOC concession by Persian Government on oil market in Bahrain' [15v] (30/80)
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.
The Chairman of the Company, while in Tehran in
1929, in the course of the negotiations which then took
place, warned the Persian Government’s representatives
that he foresaw that conditions in the oil industry might
change for the worse, but at that time the Persian Govern
ment s representatives were unwilling to visualise the
possibility of the profits of the Company being reduced,
and therewith the Persian Government’s royalties.
The heavy fall in profits in 1931 suffered by the Com
pany in common with all other large oil undertakings, of
which the Persian Government’s representatives had in
1931 and in 1932 been forewarned, was certainly most
unfortunate, but it did not affect adversely the Persian
Government alone, nor does it afford any justification for
the claim of the Persian Government that it has the
right to cancel the concession on the faith of which so
much money and work has been expended.
It cannot be too strongly emphasised that the Board
is and always has been desirous of settling all questions
that arise between the Company and the Persian Govern
ment in a fair and friendly manner and in the broadest
possible spirit consistent with its duty to endeavour to
preserve a fair and just equilibrium between the interests
of the Persian Government and of the Stockholders of
the Company, and it is believed that the information
which has been given above would satisfy any impartial
person that the suggestions made by the Persian
Government to the contrary have no foundation.
The Board do not wish to minimise the serious
character of the action taken by the Persian Government,
nor the grave nature of the difficulties with which, in
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' [15v] (30/80), British Library: India Office Records and Private Papers, IOR/R/15/2/873, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100025675083.0x00001f> [accessed 22 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