ملف 10/5 I المملكة العربية السعودية: امتياز نفط الأحساء؛ زيارة المُقدم هولمز إلى المملكة العربية السعودية؛ حصار الكويت. [و‎‎٩‎٢] (٤٩٦/٢١٢)

'1 V
&Tersi.^e rt te of ejcch-nge is one dollsr 5 4 cents "
currency for eacii four shill in^Q gold (i.e. £ 1 5.'i
them the amount of royalty on eacii ton net weight of cruci
oil will be one aollar four cents.
Article 12 . If the Cosip< ny extr cts, stores and sells an
kind of miner 1 oil it sh 11 £ ay to the Government a royal
equivalent to 1/8th of the revenue from the sales. It is
understood th t the Gompony is ifen no oaBe bound to extract,
store and sell any mineral oil, and it is also understood
tix t the Company is not bound to p .y any royalty in res
pect of the oil msed for the ordinary running of its plant
in the Sa'udi Arab Kingdom.
Article 13. T^e (fovermaent have the right through their
properly utjiorised representatives to inspect during
ordinary working hours thework carried out by the Company
in accordance with the provisions of this rgreement and to
check and verify the quantities produced. Xhe Company
Bh 11 always measure the quantities of oil produced and
stored and which run from the field depot, in accord nee
with the practice observed in ffcrst cl^ss oil fields, and
s&all keep true and correct accounts of them; simile ly for
the mineral oils which it may produce, store and sell,
properly uthorised Government representatives h ve the
right to check these accounts at all convenient times, fter
the expiry of one h If year from the date on wnich oil is
discovered m comtfiercial qunntitieB, the Company sh. 11
s bmit to the Government a half-ye rly • ccount within a
period of three months from the end of the said hr If yeay,
and a statement showing the amount of royalty due to the
Government for th t half year. The Government shall be
bound to treat these accounts ana statements as confidential,
with the exception of those figures which they m y find it
necessary to publish for financial r urpjacs. The roy Ity
due to the Government eh 11 be paid at the end of each
half year from the date on wr.ich oil is discovered in com-
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