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File 1421/1908 Pt 3 'Persia: oil; negotiations between the Shaikh of Mohammerah and the Anglo-Persian Oil Co.' [‎383r] (331/338)

The record is made up of 1 item (168 folios). It was created in Apr 1909-Jul 1919. 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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3
I This Document is the Property of His Britannic Majesty's Government.
u ” 1 ull ; 1 S f n satisfactorily settled without the Sheikh’s good-will and
co-operation, and this Company has every desire to deal with this Chief fairly and
liberally on reasonable business principles. The difficulty is how to commence
negotiations and though the Foreign Office has been good enough to instruct His
Britannic Majesty s Consul-General to assist in the matter, it has not so far been
possible to make much progress.
. . We . have hear d that the Sheikh is urgently in want of a small loan, and that while
it is considered desirable to assist him in the matter, there is some difficulty in finding
all the money required. In these circumstances, if the proposal is agreeable to the
Foreign Office, I am to suggest that this Company would contribute the sum of
5,000/. to 6,000/. through the Foreign Office towards the advance required on the
understanding that it is made a condition of this loan that the Sheikh first considers
and settles satisfactorily the Company’s application for land and gives it, or procures for
it a good title to all the land made over to it.
The Company is of course ready to pay the reasonable market value of the land,
either by purchase or by rent on a lease co-extensive with the currency of the Oil
Concession or the extension of it, if absolutely necessary, but as this rate seems to be
very high for such land we name it as an extreme.
We presume that the Company’s advance will bear a reasonable rate of interest,
say 6 per cent., and we trust that the Government will instruct its Representative to
take the same care to safeguard the loan as would be exercised in the case of the
advance of Government funds. It is understood, however, that though the Government
will do their best to insure that the interest and sinking fund (if one is formed) are
duly paid by the Sheikh, they do not undertake financial liability for the payment if
[16185]
CONFIDENTIAL.
PERSIA.
Section 7,
[April 29.]
No. 1.
Anglo-Persian Oil Company to Foreign Office. -(Received April 29.)
Sir,
Winchester House, Old Broad Street, London,
ANGLO-PERSIAN Oil Company (Limited).
I am desired bv the Directors of this (
ANGLO-PERSIAN Oil Company (Limited). ’
I am desired by the Directors of this Company to address you on the
by the Directors of this Company to address you on the following
the money is not forthcoming.
I have, &c.
(Signed)
E. N. WALLACE.
[2227 7]

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Part 3 consists of correspondence relating to an agreement between the Anglo-Persian Oil Company and Shaikh Khazal-Bin-Jaber [Khaz‘al bin Jābir bin Mirdāw al-Ka‘bī] of Mohammerah [Khorramshahr]. The correspondence is mostly between the Government of India (Foreign Department), Foreign Office, and 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. . Included as enclosures are letters, telegrams, and memoranda from the following:

Several matters are covered by the papers, including:

  • the negotiations over a loan to Shaikh Khazal by the Anglo-Persian Oil Company for the use of land on Abadan Island for an oil refinery;
  • the question of what is to be done with company buildings on the island when the concession period ends;
  • the nature of Shaikh Khazal's rights to the land in question;
  • the Persian Government's exceptions to some of the terms of the agreement;
  • the question of guards for the refinery and who will pay for them.
Extent and format
1 item (168 folios)
Written in
English in Latin script
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File 1421/1908 Pt 3 'Persia: oil; negotiations between the Shaikh of Mohammerah and the Anglo-Persian Oil Co.' [‎383r] (331/338), British Library: India Office Records and Private Papers, IOR/L/PS/10/144/1, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100030500369.0x0000af> [accessed 24 April 2024]

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