"F-82 82/27 I: نفط قطر" [و‎‎٣‎٠‎٤] (٧٣٠/٦٣٤)

7.
any concession would have to be handed over to the
I.P.C,, (in which British interests were represented
Dy tne A*Psnd dy the 3riti sli element in ixis sh-Qll
group). If a subsidiary company were then formed
the A.P.O.C. would claini and woula have a percentage
of interest in it not less than the percentage (23f}
of their interest in the Iraq petroleum Company.
Such a company might, indeed, contain a larger British
element than the I.P.C. if, for example, the French
interests represented in the latter aid not wish to
share in the new operations at Qatar. The A.P.O.C.
of course wanted any new company to he as British as
■
possible and ne reminded the meeting that the
alternative, that is the standard Oil Company of
California, was a purely American Company. He
mentioned that nobody knew how the standard Oil
Company of California intended to market the oil
which it obtained from Bahrein or Hasa, since tho
various Standard groups had nover yet been known to
compote with one another in marketing ^.3. Tie Petroleum
Dopartmcnt state that there tire several standard G-roupjB/^
Mr. Laithwaite asked whether, if tne Qatar
concession were handed over to the Iraq petroleum
Company the exploitation of the concession would still
be British. we attached much importance, both on
general grounds and because of the difficult question
of jurisdiction that might arise, to keeping
exploitation here (and in Koweit) wholly in British
hands. Mr. Praser .said that the personnel of the
I.P.C. in Iraq was mostly British, since this had
been found convenient by all parties concerned, though
in theory the other participants in the I.p.C. could
insist/