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File 3877/1912 Pt 3 ‘Turkey in Asia: oil concessions’ [143r] (51/372)
The record is made up of 1 part (184 folios). It was created in 16 Mar 1914-25 Nov 1915. 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.
* • .
MINUTE.
The position appears to be this. The
Ottoman Civil List held a concession of "all known
"oil wells, as also those v/hich may be discovered”
in the vilayets of Mosul and Bagdad - a concession
transferred in 1908-9 to the Ministry of Finance.
virtue of its existence^/the Bagdad Railway Coy.
in 1903 were granted the right to work minerals
within 20 kilometres on either side of the line;
the Anatolian Railway Coy. entered into an agree
ment with the Civil List for working certain mines
in Mosul and Bagdad; and that Mr. D’Arcy’s negot
iations were carried on.
The Deutsche Bank acquired the^concessions,
but transferred them to the Turkish Petroleum Co.,
' •
^floated by the National Bank in October 1912, with
a capital of £90,000^ in return for 2% participa
tion. This Company also absorbed the interests of
another claimant for concessions viz. the Anglo-
Saxon Oil Co. (a product of the Shell). Finally
the Company came to terms last year with Mr. D’Arcy
and his group, the National Bank withdrawing from
business, on the following basis: Mr. D’Arcy and
group 50%, Deutsche Bank 2S%, Anglo-Saxon Co. 25%:
the Chairman (with casting vote) to be for the
first 10 years British, and the Vice Chairman
German. A subsidiary Company was to hold the D’Arcy
group’s shares, for which purpose the Burma Oil Co.
was to find the capital (£100,000).
The agreement ?/as made on 19th March 1914, and
the necessary alterations were made in the original
Company’s statutes, but owing to the delay of the
D’Arcy group in taking up their shares, the transfer
of interests had not been completed when war broke *
out.
15616. I. 1178. 2000.—tt/1918.
About this item
- Content
The volume is a chronological continuation of File 3877/1912 Pt 2 ‘Turkey in Asia: oil concessions’ (IOR/L/PS/301), and comprises papers concerning ongoing negotiations over oil concessions for the Mesopotamian vilayets of Mosul and Baghdad, in which the Anglo-Persian Oil Company (APOC), Deutsche Bank, the British-backed National Bank of Turkey, and the Anglo-Saxon Oil Company (ASOC, a division of Royal Dutch Shell) are the principal claimants. The principal correspondents include: the Director of APOC (Charles Greenway); Foreign Office officials (Sir Louis Du Pan Mallet; Sir Eyre Alexander Barby Wichart Crowe); the Secretary of State for Foreign Affairs (Sir Edward Grey); the Admiralty (William Graham Greene).
The papers cover:
- correspondence dated 1914 regarding a claim made by Roland H Silley, represented in the correspondence by his solicitors Treherne, Higgins and Company, to concessionary rights in Mesopotamia;
- proposals for APOC to represent the D’Arcy Group, the original British claimants to oil concession rights in Mesopotamia;
- an agreement made between representatives of the British and German Governments, the National Bank of Turkey, ASOC, Deutsche Bank and the D’Arcy Group (APOC), dated 19 March 1914, for the ‘Fusion of Interests in Turkish Petroleum Concessions of the D’Arcy Group and of the Turkish Petroleum Company’ (f 271);
- efforts, in late October and November 1914, to maintain the agreement of 19 March 1914, in spite of Britain now being at war with Turkey, including a letter from Greenway, dated 2 November 1914, stressing the importance of carrying through the concessions arrangements without delay (ff 156-161);
- a minute, with no indication of author, dated January 1915 which offers a concise précis of the history of oil concessions in Mesopotamia, and the background to the agreement of 19 March 1914 (f 143);
- in 1915, discussion amongst Foreign Office officials over the validity of the agreement signed on 19 March 1914, in response to events of the First World War.
- Extent and format
- 1 part (184 folios)
- Arrangement
The papers are arranged in approximate chronological order from the rear to the front.
- Written in
- English and French in Latin script View the complete information for this record
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File 3877/1912 Pt 3 ‘Turkey in Asia: oil concessions’ [143r] (51/372), British Library: India Office Records and Private Papers, IOR/L/PS/10/302/1, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100028929399.0x000061> [accessed 23 March 2025]
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Copyright: How to use this content
- Reference
- IOR/L/PS/10/302/1
- Title
- File 3877/1912 Pt 3 ‘Turkey in Asia: oil concessions’
- Pages
- 118r:146v, 148r:151v, 154r:155v, 162r:164v, 170r:174v, 176r:177v, 179r:180v, 184r:185v, 187r:189v, 191r:195v, 198r:206v, 210r:211v, 213r:228r, 229r:245v, 248r:249v, 252r:270v, 271ar:271av, 272r:273v, 275r:278v, 280r:281v, 284r:290v, 292r:299v, 301r:302v
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence