Bahrain Petroleum Company: revision of royalties

FO 1016/21 1949 Dec 26-1950 Sept 28
Description

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