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'File 14/1 III Oil concession in Muscat' [27r] (58/594)
The record is made up of 1 volume (295 folios). It was created in 19 Oct 1937-14 Sep 1938. 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. .
Transcription
This transcription is created automatically. It may contain errors.
2
asphalt, ozokerite crude petroleum and their products and cognate
substances (hereinafter referred to as "THB SUBSTANCES") within
the Leased Area.
— 4 -‘ 0n signature of this agreement the Company shall
pay to the Sultan the sum of one
lac
One lakh is equal to one hundred thousand rupees
of
rupees
Indian silver coin also widely used in the Persian Gulf.
(Rs .100,000).
During the Option period of years five the Company shall pay
to the Sultan the sum of
rupees
Indian silver coin also widely used in the Persian Gulf.
Five thousand a month making a
sum of
rupees
Indian silver coin also widely used in the Persian Gulf.
Three hundred thousand in all.
The first payment shall be made within 30 days after the
date of signature of this Agreement, and subsequent payments on
the first day of each calendar month thereafter.
ARTICLE 5 » The company may at any time during the Option
Period terminate this Agreement, but in such event the Company
shall pay to the Sultan any balance outstanding of the full
amount specified in Article 4 (
Rupees
Indian silver coin also widely used in the Persian Gulf.
300,000),
ARTICLE 6 . The Company may. also at any time during the
Option period declare in writing its intention to take up the
concession over the Leased Area, as herein contained, in which
case the Company shall in addition to any sums which may still
be due to the Sultan under Article 4 pay to the Sultan
(a) on signature of such declaration
Rupees
Indian silver coin also widely used in the Persian Gulf.
One hundred
thous and
(b) at the end of each year of the first five years from
the date of signature of such declaration
rupees
Indian silver coin also widely used in the Persian Gulf.
Eighty-four
thousand or
rupees
Indian silver coin also widely used in the Persian Gulf.
(3) three per English ton of 2,240 lbs. in
respect of the Substances freed cf water and foreign matter won
and saved during the preceding calendar year, whichever is
greater.
(c) at the end of the sixth and every subsequent year from
the date of signature of such declaration,
rupees
Indian silver coin also widely used in the Persian Gulf.
Ninety-six
thousand or
rupees
Indian silver coin also widely used in the Persian Gulf.
three 3 per English ton of 2,240 lbs.
respect of the substances won and saved during the preceding
About this item
- Content
The volume comprises telegrams, despatches, correspondence, memoranda, and notes, relating to oil concessions in Muscat territory.
The discussion in the volume relates to the following issues:
- Agreement between HM Government and Petroleum Concessions Ltd (ff 17-19)
- Sultan's negotiations with Petroleum Concessions Ltd
- Fuel supplies for air reconnaissance
- Muscat Oil Concession
- Political Agreement
- Exploration of Buraimi and Jebel Hafit
- Employment of American geologists for exploration in Muscat hinterland.
The volume also includes (ff 236-241) a 'Note on Petroleum Developments in the Arabian Peninsula (Prepared in the Petroleum Department, June 1938)'.
The principal correspondents include: the Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. , Muscat (Ralph Ponsonby Watts); the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. ; Petroleum Development (Oman and Dhofar) Ltd, (Stephen Hemsley Longrigg); the Sultan of Muscat and Oman [Sa‘īd bin Taymūr Āl Bū Sa‘īd].
- Extent and format
- 1 volume (295 folios)
- Arrangement
The papers are arranged in rough chronological order from the front to the rear of the volume.
- Physical characteristics
Foliation: the foliation sequence (used for referencing) commences at the inside front cover with 1, and terminates at the inside back cover with 295; 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. Two additional foliation sequences are also present in parallel between ff 3-292, and ff 89-291; these numbers are also written in pencil, the first one are circled and the second are not circled. A previous foliation sequence, which is also circled, has been superseded and therefore crossed out.
- Written in
- English in Latin script View the complete information for this record
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'File 14/1 III Oil concession in Muscat' [27r] (58/594), British Library: India Office Records and Private Papers, IOR/R/15/6/425, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100057248889.0x00003b> [accessed 30 April 2024]
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Copyright: How to use this content
- Reference
- IOR/R/15/6/425
- Title
- 'File 14/1 III Oil concession in Muscat'
- Pages
- 25r:39v, 40r:55v
- Author
- Unknown
- Usage terms
- The copyright status is unknown. Please contact copyright@bl.uk with any information you have regarding this item.