ملف 10/5 II نفط الأحساء: أنشطة شركة كاسوك في الأحساء؛ وتطوير رأس التنورة؛ وزيارة الوكيل السياسي إلى الأحساء [‎١‎١‎٢] (٦٥٦/٢٢٩)

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be considered as a part of the said contract. For convenience, the two parties in
question shall be referred to below in the same manner as designated m the said
contract, namely, the " Government " and the " Company, and the said contract
shall be referred to as the " Saudi Arab Concession."
1 The Company is granted a preference right to an oil concession coverina
a certain area described in article 3 of the Saudi Arab Concession. The preference
right so granted the Company shall be a right to acquire an oil concession covering
such area exclusive of the so-called Neutral Zone also referred to in the same
article 3, by equalling the terms of any offer for such concession that may be made
the Government by others in good faith and that the Government may be willing
and ready to accept. Within thirty days after receiving from the Government
written notice, setting forth in full the terms of such offer, the Company shall
notify the Government whether or not the Company wishes to acquire the oil
concession by equalling the terms so offered. If the Company does not wish to do
so, the Government is free to accept the offer made, but if an oil concession should
not be granted to others on the same terms as those so offered and so presented to
the Company, the preference right of the Company shall continue, at least so long
as the provisions of article 7 of the Saudi Arab Concession remain in force.
2. The Company's preference right to acquire an oil concession covering
the so-called Neutral Zone referred to in article 3 of the Saudi Arab Concession,
shall be a right to equal, with respect to the rights of the Government in the
Neutral Zone, the terms and conditions which may be obtained by the Sheikh of
Koweit for a concession covering his rights in the Neutral Zone. In the absence
of any grant of an oil concession covering such rights of the Sheikh of Koweit, the
Government will endeavour to reach an agreement with the Sheikh of Koweit
whereby the Company will be permitted to acquire an oil concession covering
the rights of the Government and of the Sheikh of Koweit in the Neutral Zone.
In either of these two events, the Company shall have a period of thirty days
from the date it receives written notice setting forth in full the terms and
conditions of the oil concession covering the rights of the Sheikh of Koweit in the
Neutral Zone, or covering the terms of the proposed _ concession embracing the
rights of the Government and of the Sheikh of Koweit in the Neutral Zone, as
the case may be, within which to decide and to notify the Government whether
or not the Company wishes to acquire the oil concession on such terms. If the
Company does not wish to do so, the Government is free to negotiate with others,
but if the oil concession should not be granted to others on the same terms as those
offered to the Company, the preference right of the Company shall continne, at
least so long as the provisions of article 7 of the Saudi Arab Concession remain in
force.
3. The consent of the Government must be obtained before the Company
shall have any right to examine the so-called Neutral Zone referred to in article 3
of the Saudi Arab Concession.
4. The provisions of article 35 of the Saudi Arab Concession shall also apply
to this agreement.