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'File 39/2 (1 B/8) Effect of abrogation of APOC concession by Persian Government on oil market in Bahrain' [‎21r] (41/80)

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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jMMMH
mmmaaamam
mrnm
- 2 -
•^reliminar/ agreement .
Early in 1932 a preliminary royalty agreement was
reached by the ersian Minister of the Court and Sir
Cadman, chairman of the Company. This agreement was drafted,
initialed in London by representatives of the comoany and
the 1 ersian Government, and sent to Teheran. It arrived
there in May, but has not yet been ratified.
M It will be seen, the ref orethe company adds, ’’that
the directors cannot be accused of having failed to treat
seriously the view of the Persian Government, discussions
initiated in the year 192& relative to the revision of the
IVArcy Concession having been carried on continuously to
the spring of 1930, and further prolonged discussions
relative to the assessment of royalty having been carried
on before and since’'.
Nevertheless in June last the Persian Government
refused to accept the royalty for 1931 payable under the
agreements then existing, and in July the company learned
that tentative proooeals on an entirely different basis
from that of the draft royalty agreement were under the
consideration of the Persian Government.
There was a heavy fall in profits in 1931 w hich
the ersian Government had several times been forewarned),
but this, the company says, ’‘did not affect aversely the
Persian Government alone, nor does it afford any justi
fication for the claim of the Persian Government that it
has the right to cancel the Concession on the faith 01
which so much money and work has been expended".
REPLY TO BRITISH PROTEST ,
Teheran, Deer.6.
The Persian Government’s reply to the protest which
the British Minister made on behalf of his C40vernment on
December 2 was delivered yesterday. It is understood that
the Persia# Note is similar in substance to the reply made
to the Anglo- Persian Oil company on December 1. in t.iat
reply the Persian Government maintained that, it was ruiiy
justified in annuling the concession, and declared that
this was its final decision.
The Shah, who, with the members of the cabinet, is
attending a Turcoman race meeting in ’ azanderan, is
expected to return to Teheran next Sunday.

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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' [‎21r] (41/80), British Library: India Office Records and Private Papers, IOR/R/15/2/873, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100025675083.0x00002a> [accessed 25 April 2024]

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