Page 250 - Records of Bahrain (7) (ii)_Neat
P. 250
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640 Records of Bahrain
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d)#v«r.: v-<.V: • ;•**•▼• **• honour to oonfir* the agreement
ilKte^ i *U> T.„ Htghnoac «4 *. **-. '
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Bel Petrol au* Coapnny Limited herro today an tax ad,
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a* followsi
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to fro* tha ground and fro* under the aaabad
ffeSSfi: belonging to Bahrain shall be-sold,
axohangad, or bartered during any taxable
Bfejt-fis; <^r year, which prloea will be a prlnolpal
feotor In computing the Company*o lnoone,
ir-A J*W ^ shall be the weighted average of the
!• ••) • j\*~y ' prloee at which foreign orudo oil brought
<*—11 ypAv-* into end refined la Bahrain during the
' ( uLaJI JS, taxable year la purchased f.o.b. pipelines
«U * s-S\j * LJU. *f cl./As or loading ports situated in the Persian
l) ■ " '8**^^ ^ u/ i—^Ui j| Gulf, all prices boing determined after
u/ liOiyi adjuotmont for nny difforenoea in gravity
Cr-- -t^r^ J* at ratoo provolont in the Perolan Oulf.
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i-Ji jj jfi iiijy Ho orudo oil producod and oxtraoted from
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