File 3877/1912 Pt 3 ‘Turkey in Asia: oil concessions’ [160r] (85/372)
The record is made up of 1 part (184 folios). It was created in 16 Mar 1914-25 Nov 1915. 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.
This transcription is created automatically. It may contain errors.
prejudice our position should it later on be found prac
ticable to secure the Concession of that portion of
Mesopotamia not included in these rights for an all
3y carrying out the agreement we shall secure con
trol of the Turkish Petroleum Company, and be in a
position to adopt whichever one of the following c
may later on prove to be the most expedient.
(a) wind up the Company if it be found yractic
to secure both the Baghdad hailway rights and the
esopotaraian Concession for an all British Group, and
work the rights and Concession under the aegis of the
D'Arcy Exploration Company.
(b) carry it on for the purpose only of dealing
with the Baghdad hallway rights, and let the B'nrcy Ex
ploration Company deal with the Mesopotamian Concession.
(c) carry it on entirely in pursuance of the
Should course (a) be adopted we should not permit
the calling up of any further Uorking Capital by the
Turkish Petroleum Company and therefore the only finan
cial obligation that would in such an event be incurre'
by the Anglo-fersion Oil Company Limited would be a su -
scription of, 1/-. per BhaUe on 75,000 Shares in the
O’Arcy Exploration Company - S3 f 75C* and the guarantee
of a suhscription of 1/-. per share by ..r, J’Arcy on
25,000 Shares in the same Company - 51,250 i.e. a total
of £5,000* But as it is probable that the whole of
the Capital called up would not be expended the total
outlay involved may not be more than 53,000/3,500 in
cluding about 51,700 already incurred as shown above.
About this item
The volume is a chronological continuation of File 3877/1912 Pt 2 ‘Turkey in Asia: oil concessions’ (IOR/L/PS/301), and comprises papers concerning ongoing negotiations over oil concessions for the Mesopotamian vilayets of Mosul and Baghdad, in which the Anglo-Persian Oil Company (APOC), Deutsche Bank, the British-backed National Bank of Turkey, and the Anglo-Saxon Oil Company (ASOC, a division of Royal Dutch Shell) are the principal claimants. The principal correspondents include: the Director of APOC (Charles Greenway); Foreign Office officials (Sir Louis Du Pan Mallet; Sir Eyre Alexander Barby Wichart Crowe); the Secretary of State for Foreign Affairs (Sir Edward Grey); the Admiralty (William Graham Greene).
The papers cover:
- correspondence dated 1914 regarding a claim made by Roland H Silley, represented in the correspondence by his solicitors Treherne, Higgins and Company, to concessionary rights in Mesopotamia;
- proposals for APOC to represent the D’Arcy Group, the original British claimants to oil concession rights in Mesopotamia;
- an agreement made between representatives of the British and German Governments, the National Bank of Turkey, ASOC, Deutsche Bank and the D’Arcy Group (APOC), dated 19 March 1914, for the ‘Fusion of Interests in Turkish Petroleum Concessions of the D’Arcy Group and of the Turkish Petroleum Company’ (f 271);
- efforts, in late October and November 1914, to maintain the agreement of 19 March 1914, in spite of Britain now being at war with Turkey, including a letter from Greenway, dated 2 November 1914, stressing the importance of carrying through the concessions arrangements without delay (ff 156-161);
- a minute, with no indication of author, dated January 1915 which offers a concise précis of the history of oil concessions in Mesopotamia, and the background to the agreement of 19 March 1914 (f 143);
- in 1915, discussion amongst Foreign Office officials over the validity of the agreement signed on 19 March 1914, in response to events of the First World War.
- Extent and format
- 1 part (184 folios)
The papers are arranged in approximate chronological order from the rear to the front.
- Written in
- English and French in Latin script View the complete information for this record
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- File 3877/1912 Pt 3 ‘Turkey in Asia: oil concessions’
- 282r:283v, 279r:279v, 250r:251v, 196r:197v, 178r:178v, 156r:161v, 152r:153v, 147r:147v
- Greenway, Charles
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