Page 225 - Records of Bahrain (7) (ii)_Neat
P. 225

Petroleum affairs                     615


                                     TELEGRAM.
               Cypher  O.T,P.

               Code
               Clear
               I 'row:—  Bahrain,            Tu:~ Foreign Office,


               Despatched                    Received
                            8/6/51.
               No.    165              of       8/6/51,


                      PRIORITY
                      CONFIDENTIAL
                      Your tolno, 341.
          O
                       Bahrain Petroleum Company’s head office in U,S,A,
                have gone hack on proposals contained in my telno. 157 and
                have instructed their representatives here to write to

                the Ruler subject to our' concurrence letter which contains
                the following passage
                          "Under the terms of its concession the company
                   is not to pay any tax or import duty on oil imported
                   into Bahrain, hut because of your need for more revenue

                   and in the light of otfyor recent developments, the
                    company will voluntarily and iranediately begin to
                    pay to Your Highness beginning June 1st 1951 subject
                    to future developments the monthly sum of Rs. 500,000."
                No mention is being made of the three items described in
                paragraph 1 of my telegram which the company proposed to

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