File 10/5 I Saudi Arabia: Hasa Oil Concession; visit of Major Holmes to Saudi Arabia; Kuwait blockade. [78r] (184/496)
The record is made up of 1 volume (245 folios). It was created in 15 Mar 1932-9 Jan 1935. It was written in English. 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.
- s -
^production (in conformity'" mth reliable
practice observed in fjrnt-class oil fields)
of not lens than P,000 tons of crude oil daily
for a period of 30 days. ITiia neanf? nearly
7 S0,000 tons a year, and is a pretty severe
test, it nay be several yea v *s before this
stapre is reached,
The absence of particulars as to the amount of the
loan and dead rents makes it imposr ible to ^ay whether
ihere is su j cien inducement to "the Companv to p^o*-
ceed to conmrrcial production as qui c^l^r as possible.
'Hn.e tonnage ro^altv payable under the Agreement is
4/~ ^old (Article II) and on ^50,000 tons this would
represent f. 150,000 per annum. ^he ra + e o^ rovaltv
is the same as in Iraq.
n n the establishment of commercial production
another loan has to be made to the O-overnment and a
^ r ear later a further loan* Again no amounts are
ment i oned.
T T nder Article IP, if-the Company extracts, stores
and sells any kind of mineral oil, a royaltv of l/8th
of the revenue from sales is payable, niis provision
is rather difficult to understand. If it is worth
anything it ma^^ involve the Oonpan^ in substantial
■Daymen ts. r> hey may possibly get over it by setting up
subsidiary ^omnanies.
Measurem ent of O il ^_c 0
"^here are reasonable provisions as to measurement
of oil won and the keeping of accounts. f,a lie Crovemment
has the right to check the quantities.
R efineri es.
"here is a provision that the Coripany mv entabllsh
a refinery sufficient to meet the nedds of the Oovern-
nent. "he Government may not sell any oil thus obtained
either Inside or outside the country. After the
establ ishmen t/
About this item
- Content
The volume contains correspondence between the Secretary of State for Foreign Affairs in London, the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in Bushire and the Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. in Bahrain on the Hasa oil concession in Saudi Arabia, the negotiations of the Standard Oil Company of California for the oil concession in Hasa and the visit of Major Frank Holmes to Riyadh to meet Ibn Saud.
The volume includes correspondence on the Saudi blockade against Kuwait, two copies of the Hasa oil agreement between the Standard Oil Company of California and the Saudi Arab Kingdom (folios 52-68 and 87-102) and correspondence on the application of the Standard Oil Company of California for permission to fly from Basra to Bahrain, which encountered resistence of the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in Bushire, against the presence of American companies in Bahrain (folios 121-123 and following).
There is an index at the end of the volume (folios 212-223).
- Extent and format
- 1 volume (245 folios)
- Arrangement
The documents in the volume are arranged in chronological order. There is an index at the end of the volume (folio 212-223). The index is arranged chronologically and refers to documents within the volume; it gives brief description of the correspondence with a reference number, which refers back to that correspondence in the volume.
- Physical characteristics
The foliation is written in pencil in the top right corner (between 44-82 the numbering can be found at the top centre of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. ). The numbering begins on the first page of text which follows 4 blank pages and terminates on the 5th folio from the back; at the rear of the volume there are 4 blank pages. Foliation errors: 1a, 1b, 1c, 1d and 1e; 29, 29a and 29b; 137A and 137B; 159A and 159B; 169A and 169B; 171A and 171B; 179A and 179B.
- Written in
- English in Latin script View the complete information for this record
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Copyright: How to use this content
- Reference
- IOR/R/15/2/421
- Title
- File 10/5 I Saudi Arabia: Hasa Oil Concession; visit of Major Holmes to Saudi Arabia; Kuwait blockade.
- Pages
- front, back, spine, edge, head, tail, front-i, i-r:iv-v, 1av:1cv, 1dv:1ev, 2r:29v, 29ar:29cv, 30r:136v, 137ar:137bv, 138r:158v, 159ar:159bv, 160r:167v, 168v, 169ar:169bv, 170r:170v, 171ar:171bv, 172r:178v, 179ar:179bv, 180r:182v, 183ar:183bv, 184v:191v, 193r:199v, 201r:203v, 204v:223v, v-r:viii-v, back-i
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence