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'File 86/1 III (D 81) Kuwait Oil. Eastern and General Syndicate' [‎57r] (130/382)

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The record is made up of 1 volume (190 folios). It was created in 14 Jun 1932-31 Jan 1933. 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. .

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production, and here the prwrision in the Saatern and
General ayndioate's draft, allowing a oeasation of
operations should not "be lost sight of. The rate of
royalty offered "by the Eastern and General Syndicate
is the same aa that in India, hut there is a local
market to ahsorh all the production. The rate
offered "by the Anglo-Persian Oil Company is
approximately the same as that levied "by the Iraq
Government.
In Venezuela the rate of royalty is
understood not to exceed 2/- a ton in most instances,
while in Trinidad there are many leases with a royalty
of from 1/6 to 2/- > although in recent years a royalty
of 3/- has been imposed. In the case of both these
countries, over 90 per cent of the oil has to be
exported.
Customs Duty ; The Company ) Custons Duty. No
undertake to pay the ) similar provision.
Sheikh a Customs Duty of )
1> on all oil produced )
from Kuwait territory, )
calculated on the value )
of the oil at the wells. )
C onnnent.
It la not usual to impose a Customs Duty in
addition to royalty. Such a charge might with some
justification be levied in a country where the State
does not own the mineral rights and desires to secure
some financial consideration for the loss of a
wasting asset svich as petroleum. But where the
State is the owner of the minerals it is regarded as
preferable that the State should take the whole of its
financial return in the shape of royalty. Apart
from the principle involved there is bound to be
some difficulty in assessing the value of the oil for
purposes of the duty, whether at the well head, or
port of shipment. There are some cases in which
royalty

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Content

The volume contains correspondence relating to the draft oil concession agreements presented to the Shaikh of Kuwait (Aḥmad al-Jābir Āl Ṣabāḥ) by the Eastern and General Syndicate Limited, and the Anglo-Persian Oil Company (A.P.O.C.).

The correspondence focuses particularly on the individual clauses within the two draft agreements and a comparison of them for the Shaikh in order that he can make an informed decision on which concession proposal is best for his country. The memorandum comparing the drafts is produced by the Petroleum Department of the British Government and two copies of it are contained in the volume (folios 48-64, 153-161).

Also included in the volume is correspondence between the US Embassy in London and the Foreign Office regarding what the US embassy view as unacceptable delays in the amount of time it has taken the British Government to discuss the question of the Kuwait concession and repeating their concerns that the Eastern and General Syndicate will not be compared favourably alongside the British A.P.O.C. proposal. Also outlined by the Foreign Office are their fears that the Government's delays in responding to the US in this matter could potentially affect more serious negotiations in the future between the two countries.

Other items of interest in the volume include:

Extent and format
1 volume (190 folios)
Arrangement

The contents of the file have been arranged mostly in chronologically order.

Physical characteristics

Foliation: The principal foliation runs from the first folio to last folios and consists of numbers enclosed in a circle in the top right hand corner. A second former sequence commences on the first folio of writing and concludes on folio 173, consisting of pencil numbers (not circled) in the top right hand corner. This sequence has gaps. Foliation anomalies: 1A-1D, 21A, 162A

Written in
English in Latin script
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'File 86/1 III (D 81) Kuwait Oil. Eastern and General Syndicate' [‎57r] (130/382), British Library: India Office Records and Private Papers, IOR/R/15/1/640, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100023610191.0x000083> [accessed 24 April 2024]

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