Page 276 - Records of Bahrain (7) (ii)_Neat

666 Records of Bahrain

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rumittod, and at pnj.iunt Call.ox required all the
money it could uarn for its development, and v
not in a pou.lt.ion to remit profits; consequently
it would not bo easy to claim tax relief to
compensate ('or thu increased payments tu tho Kulor.
lie said, hov/ovor, that if thu Ruler wore to auk thu
Company in writing to reconsider the question of
thu refinery foe m the light of developments
elsewhere they v/ould bo quite willing to com blur
thu matter and to discuss it with him.
d. It would appear that thu oil Company could, if
they wished, change the basis of their paymonto to
tho Ruler and increase his revenues a?.; a. consequence.
If those revenues v/oro brought in line with ferula,
thu extra payment v/ould amount to about l/-d pur
ton and he v/ould receive about tbOO,OUO per year,
before uncourap.inf' tho Ruler to make ajiy request
for discussions on this point, I should Lx; grateful,
for your viewy. In particular I think we should
consider thu repercussions of any change in bAJ.'CO1 s
payments tu the Ruler on refineries elsewhere,
Particularly in Aden and the Levant, and I should
welcome any information which would provide a standard
of comparison.
b. Thu discussions were, as I mentioned . I. the
bop,Lunin;', of this letter, purely exploratory and lie
suppustions for action wore made to tho oil company.
d. 1 am sending copies of the letter to thu
Political A,••ont, bahrain, and l.o Reilly in Kiwit.

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fr (b.A.b. burrows)