"ملف ٥/ ١ VIII شركة نفط الكويت" [و‎‎١‎٥‎٩] (٥٥٨/٣٢٢)

uliG rignt "bo CxioosG f 1 r g six sitJGs for bl'icii* own pnrposGs
"before the Company made any such further selection,
Mr. d 'Gevans agreed with this interpretation of
the clause.
CImlISS 7 .
£>±i' Louis Kershaw said that the .object of the
clause was twofold, first to prevent technical wireless
interference, and second as a precaution against the
possibility of the Company’s installations being used
for commercial messages not connected with the Company’s
operations. His Majesty’s Government had no idea of
interfering in an arbitrary way with the Company’s
domestic telegraph, wireless or telephone installations.
Mr. Stevens and Mr. Fraser said that they would
like the article redrafted to make this clear, but they
recognised that Government interests should of course be
over-riding. It was agreed to await suggestions from the
Company.
CIAUSE 8 .
Mr. Eraser said that it ?/as quite impossible for
the Company to accept this provision. He admitted that
ideally and from the purely economic point of view oil
should be refincdx as near as possible to the point of
production. Unfortunately the oil trade was not conducted
on economic lines in a number of countries but in
accordance with certain nationalistic ideas and if these
nations decided that, refining should be done in their own
territory and placed substantial tariffs on the importation
of refined products, the deman a would be mainly for crude
oil. This was the present tendency in the oil trade and
if the tendency developed it would not in the course of a
few years be a commercial proposition to refine
at Koweit. Sir L. Kershaw said that the clause
did not confine the Company to Koweit and suggested that