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'AGREEMENT relating to the Debai Oil Concession. HIS MAJESTY'S GOVERNMENT IN THE UNITED KINGDOM and PETROLEUM CONCESSIONS LIMITED DATED 5TH February, 1937.' [‎4r] (7/10)

The record is made up of 1 file (2 folios). It was created in 5 Feb 1937. It was written in English. 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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E. J. BROWN
Secretary
4.
(4) The price to he paid for all oil or products of the
refining or treatment of oil taken in pre-emption by His
Majesty's Government shall ho either (a) as specified in a
separate agreement or (b) if no such agreement shall have
been entered into, a fair price for the time being at the
point of delivery as the same shall be settled by agreement
between His Majesty's Government and the Company, or in
default of such agreement by arbitration in the manner
provided by the last preceding sub-clause.
To assist in arriving at a fair price at the point of
‘delivery the Company shall furnish for the confidential
information of His Majesty's Government, if so required,
particulars of the quantities, descriptions and prices of
Debai oil or products sold to other customers and of charters
or contracts entered into for carriage and shall exhibit to
His Majesty's Government original or authenticated copies of
contracts or charter parties entered into for the sale and/or
carriage of such oil or products.
(5) His Majesty's Government shall be at liberty to take
control of the works, plant and premises of the Company in
Debai, and in such event the Company shall conform to and
obey all directions issued by or on behalf of His Majesty's
Government. Compensation shall be paid to the Company for
any loss or damage that may be proved to have been sustained
by the Company by reason of the exercise by His Majesty's
Government of the powers conferred by this sub-clause.
Any such compensation shall be settled by agreement between
His Majesty's Government and the Company or, in default of
agreement, by arbitration in the manner provided by
sub-clause (3).
SIGHED BEADED ADD DELIVERED o^y )
the said John Charles Walton ) J.C. WALTON (L.S.)
on behalf of His Majesty's )
Government in the presence of°-)
H.S. PAINTER
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. .
THE COMMON SEAL of Petroleum )
Concessions Limited was here- ) (SEAL)
unto affixed in the presence )
of “ -
JOHN CADMAN
Director

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Content

The file consists of a copy of an agreement between the British Government and Petroleum Concessions Limited relating to oil concessions in Debai [Dubai].

Extent and format
1 file (2 folios)
Physical characteristics

Foliation: the foliation sequence commences at the first folio with 1 and terminates at the last folio with 5; these numbers are written in pencil, are circled, and are located at the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio.

Written in
English in Latin script
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'AGREEMENT relating to the Debai Oil Concession. HIS MAJESTY'S GOVERNMENT IN THE UNITED KINGDOM and PETROLEUM CONCESSIONS LIMITED DATED 5TH February, 1937.' [‎4r] (7/10), British Library: India Office Records and Private Papers, IOR/L/PS/18/B456, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100029482040.0x000008> [accessed 19 April 2024]

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