'Oil Concessions' [‎335r] (679/734)

(b) the Ghainuan and the Managing Director (if
any) of the Company to be at all times
British subjects;
(e) a proportion of the Directors (between, say
4911% and 35V3%), to be agreed upon between
the parties, to be at all times British
subjects; and
(d) the local General Manager of the Company and
the whole of the local Staff, with certain
exceptions to be agreed upon between the
parties, to be at all times British subjects
or subjects of the Sheikh of Bahrein.
It was agreed that these suggested
conditions should be cocmunioated officially to the
interested Departments for concurrence before they
were communicated to the Syndicate.
The question of the attitude to be adopted
by His !lajesty»s Governnent in the event of American
interests desiring to participate in the development
of oil in Kuwait was then considered, as this question
was likely to arise as soon as the questions outstanding
in regard to the Syndicated Oil Concession in
Bahrein had been disposed of. It was pointed out
that the position in Kuwait differed from that in
Bahrein in that Kuwait had been excluded from the
scope of the agreement concluded between the various
groups comprising the Turkish Petroleum Company, and
that no Concession for the development of oil in
Kuwait had yet been granted, though an application for
such a Concession had been submitted b the Eastern
and General Syndicate. It was generally agreed that it
would be desirable to resist the Introduction of
American interests into Kuwait, and it -as suggested
that, if and when a convenient opportunity presented
itself. Sir J.Cadman might be sounded as to the
possibility of the Anglo-Persian Oil Company applying
for an Oil Concession in that territory *