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'File 39/2 (1 B/8) Effect of abrogation of APOC concession by Persian Government on oil market in Bahrain' [‎13v] (26/80)

The record is made up of 1 file (38 folios). It was created in 5 Dec 1932-15 May 1933. It was written in English and French. 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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10
them on this subject as the result of prolonged negotia
tions. This preliminary royalty agreement was approved
by the Co un cil of Ministers in Tehran in February, 1932.
It was understood by both parties that this document
was to be submitted to their respective lawyers and
accountants, who would discuss and draw up a more ^
formal agreement defining the manner in which the
royalty payment to the Persian Government was to be
calculated in the future, in order to avoid, if possible,
further differences of opinion between the parties on this
point. The formulation of so detailed an agreement,
in conformity with principles already agreed, and its
correct rendering in the French language which was to
“ prevail,” was a task involving a considerable
expenditure of time.
The lawyers and accountants, as the result of some
months’ work, eventually produced a formal draft royalty
agreement which, subject to certain modifications
mainly in favour of the Persian Government and included
at the request of its representatives—gave effect in their
opinion to the general principles which had been
agreed between the Persian Government’s Representative
and the Chairman of the Company. This draft was
initialled in London on behalf of the Company and by
the Persian Government Representative, on the advice
of their lawyers and accountants, and was transmitted £
to Tehran, where it arrived on the 29th May, 1932, for
formal ratification by the Persian Government, which has
not yet been accorded.
It will be seen, therefore, that the Directors cannot
be accused of having failed to treat seriously the views
of the Persian Government, discussions initiated in the

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Content

The file contains a letter from the Adviser to the Government of Bahrain and a letter from Anglo-Persian Oil Company (APOC), regarding the situation in Bahrain after the dispute between Britain and Persia, due to the cancellation of the 1901 D'Arcy Concession (see IOR/R/15/1/636).

The file also includes extracts from previous correspondence, reports and leaflets from APOC, and a copy of the 1933 agreement between the Imperial Government of Persia and APOC, in French and English.

The file also includes copies of newspaper articles on the subject, from The Times .

Extent and format
1 file (38 folios)
Arrangement

The papers in the file are roughly arranged in chronological order.

Physical characteristics

Foliation: the main foliation sequence (used for referencing) commences at the front cover with 1, and terminates at the inside back cover with 40; these numbers are written in pencil, are circled, and are located 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. An additional foliation sequence is present in parallel between ff 1-39; these numbers are also written in pencil, but are not circled, and are located in the same position as the main sequence.

Written in
English and French in Latin script
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'File 39/2 (1 B/8) Effect of abrogation of APOC concession by Persian Government on oil market in Bahrain' [‎13v] (26/80), British Library: India Office Records and Private Papers, IOR/R/15/2/873, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100025675083.0x00001b> [accessed 23 April 2024]

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