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File 10/1 VIII Bahrain Oil Concession [‎152r] (331/555)

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The record is made up of 1 volume (270 folios). It was created in 15 Apr 1934-3 Jul 1934. It was written in English and Arabic. 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.

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pro auction, then equally they ran no risk in agreeing to
niinimum royalty figures oi the d mens ions which I haa
suggested.
8. Mr. Ballantyne saia that it was, of course, the
case that if the hottom fell out of the oil market
altogether ana it was impossible for the Company to
dispose of more than a certain minimum amount of oil, the
royalties woula fall. That equally was a consideration
from their point of view in agreeing to any sucstantial
minimum royalty. They might find themselves committed to
a minimum royalty of a very substantial nature in respect
of an oilfield which haa ceased to pay them.
9. I said that it was just for that reason that it
was desirable to safeguara the Sheikh's interests. We had
no complaint to make of our aealings with the Company,
which had been amicable on both sides, or of the attitude
which the Company had adopted in relation to oil questions.
Looking at the matter broadly, it appeared to us that
there was not much in it from the point of view of the
Company. They were already liable for a minimum royalty
of Hs.30,000; the maximum royalty which haa been suggested
to him at an earlier date was 5s.1 lakh after a number of
years. The difference was at the maximum Hs.70,000, say
£5,000. That, for a company of the standing of the
Bahrein petroleum Company, was not a very substantial risk.
On the other hand, for someone like the Sheikh of Bahrein
it dia present a quite substantial safeguard.
10. jvir, Ballantyne replied that the Company must
consider its own interests and that the more he saw of
this particular question the more he was impressed by the
way in which thousands mounted up. At the same time he
recognised the force of the argumenW Mb? ais# rfec^-ghl'sed
that/

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Content

The volume contains correspondence and telegrams between 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, 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 representatives of the Bahrain Petroleum Company Limited (BAPCO) on the storage tanks calibration for the purpose of calculating the royalties payable to the Sheikh of Bahrain and on the first shipments of oil from Bahrain to Japan and Singapore.

The volume includes a copy of the draft lease contract with notes (folios 55-64), newspaper cuttings on oil in Bahrain and House of Commons' questions on Bahrain (folios 204-205). There are letters in Arabic with English translation, to and from the Sheikh.

There is an index at the end of the volume (folios 248-258).

Extent and format
1 volume (270 folios)
Arrangement

The documents in the volume are arranged in chronological order. There is an index at the end of the volume (folios 248-258). 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 main foliation system starts on the 5th sheet with 1 and finishes with 259, wich is the last number given, on the 5th sheet from the back of the volume; these numbers are written in pencil, are circled and may be found in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio.

Foliation anomalies: 56A and 56B; 57A and 57B; 58A and 58B; 60A and 60B; 61A and 61B; 61A and 61B; 63A and 63B.

Foliation omissions: folio 233

A second foliation sequence starts on folio 14 and continues through to folio 247; the numbering for this sequence starts at 13. These numbers are also written in pencil and may be located in the same position as the main sequence.

Written in
English and Arabic in Latin and Arabic script
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File 10/1 VIII Bahrain Oil Concession [‎152r] (331/555), British Library: India Office Records and Private Papers, IOR/R/15/2/395, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100023729940.0x000084> [accessed 28 May 2020]

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