"ملف ‏10/1 XV الامتياز النفطي بالبحرين" [و‎‎٢‎٠‎٢] (٥٦٨/٤٢٣)

BAHREIN ROYALTY AC COUNTING- PR OGEDURB IN CONNECTION ^
WITH HANDLING ARABIAN CRUDE OIL RECEIVED AT
Th© BahTein P^tTolemn Company, Limi'ted, has arranged to
purchase crude oil produced in Arabia from the California Arabian
Standard Oil Companyo
The installations and arrangements for the handling of
this oil and the royalty accounting procedure to be followed
during the time it is so handled are outlined below: -
1, The crude oil is to be transported by barges from A1
Khobar, Saudi Arabia, to Zellaq, Bahrein, and discharged
into four crude oil measuring tanks now at Zellaq,
The oil will be run from these tanks by pipe line to a
juncture with the Bahrein gathering system at Gathering
Station No. 5, at which point it will be comingled with
the stream of oil being pumped from the Bahrein field
to royalty measuring tanks Nos. 152 and 153,
2, In order to avoid any "slack" and to permit any necessary
subsequent checking, the pipe line from the Zellaq tanks'
to the juncture mentioned above and from such juncture to
tanks Nos, 152 and 153 will be filled with Bahrein crude
oil before any Arabian oil is run from the Zellaq tanks.
For record purposes, certified tank gauges will be taken
of royalty measuring tanks Nos, 152 and 153 and of all
refinery crude oil storage tanks, and the quantities of
all unfinished stocks in refinery tanks ascertained and
certified by a Bahrein Government representative, prior
to the receipt of the first Arabian crude oil,
3, The measurement of each delivery of Arabian crude oil
out of the Zellaq measuring tanks will be witnessed by
a Bahrein Government representative and recorded on a
delivery ticket certified by the State Engineer,
4, The amount of Bahrein crude oil run from field storage
on which the gross royalty payable to the Sheikh of
Bahrein will be calculated will be determined by certified
runs of the comingled crude oil from royalty measuring
tanks Nos, 152 and 153, with a deduction of the exact
amount of Arabian crude oil measured and run from the
Zellaq tanks,
5, Since the measured quantity of Arabian crude oil deliver
ed out of Zellaq tanks will enter into the calculations
only in connection with runs from royalty measuring tanks
Nos. 152 and 153, all crude oil at any time remaining in
the Company^ field storage and pipe lines, including the
line from the Zellaq tanks to the juncture with the Bahrein
gathering system, will be regarded as Bahrein oil#