Bahrain Petroleum Company: revision of royalties
FO 1016/21 1949 Dec 26-1950 Sept 28Description
This file relates to Bahrain Petroleum Company (BAPCO) and the revision of royalties. It covers:
- Negotiation of the royalty rates and the currency to be used for payment
- Discussion on the current reduction and restriction of the importation of oil by all Governments including the United States
- Confirmation of the agreement of royalty rates for the ensuing ten years
- Table of the Bahrain Refinery operations from January to June 1950
- Monthly allowances to be paid from the royalties to Sheikh Salman Bin Hamad Al Khailfa and his family