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File 10/5 I Saudi Arabia: Hasa Oil Concession; visit of Major Holmes to Saudi Arabia; Kuwait blockade. [‎92r] (212/496)

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.

Transcription

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'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-
••••••• in com
mSmw— . — ■■if

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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.

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English in Latin script
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File 10/5 I Saudi Arabia: Hasa Oil Concession; visit of Major Holmes to Saudi Arabia; Kuwait blockade. [‎92r] (212/496), British Library: India Office Records and Private Papers, IOR/R/15/2/421, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100023600812.0x00000d> [accessed 14 November 2019]

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