Page 155 - The Persian Gulf Historical Summaries (1907-1953) Vol III_Neat

149

in default of such agreement, the question shall be referred to two arbitrators, one
to be chosen by Her Majesty’s Government (or the Political Resident) and the other
by the Company, with power to appoint an umpire in case of disagreement, such
arbitration to be held in England and to be deemed a reference to arbitration under
the provisions of the Arbitration Act, 1950, as it may be modified by further legisla­
tion from time to time or by any enactment replacing the same.
(4) The price to be paid for all oil or products of the refining or treatment
of oil taken in pre-emption by Her Majesty’s Government shall be either (a) as
specified in a separate agreement, or (/>) if no such agreement shall have been
entered into, a fair price for the time being at the point of delivery as the same shall
be settled by agreement between Her Majesty’s Government and the Company,
or in default of such agreement by arbitration in the manner provided by para­
graph (3) above. To assist in arriving at a fair price at the point of delivery the
Company shall furnish for the confidential information of Her Majesty’s Govern­
ment, if so required, particulars of the quantities, descriptions and prices of Qatar
oil or products thereof sold to other customers, and of contracts or charter parties
entered into for carriage and shall exhibit to Her Majesty’s Government original
or authenticated copies of contracts or charter parties entered into for the sale
and/or carriage of such oil or products thereof.
(5) Her Majesty’s Government shall be at liberty to take control of any works,
plant and premises of the Company in Qatar, and in such event the Company shall
conform to and obey all directions issued by or on behalf of Her Majesty’s Govern­
ment. Compensation shall be paid to the Company for any loss or damage that
may be proved to have been sustained by the Company by reason of the exercise
by Her Majesty’s Government of the powers conferred by this paragraph. Any
such compensation shall be settled by agreement between Her Majesty’s Govern­
ment and the Company or, in default of agreement, by arbitration in the manner
provided by paragraph (3).
In witness whereof Sir Reginald James Bowker, K.C.M.G., on behalf of Her
Majesty’s Government, has hereunto set his hand and the “ Shell ” Overseas
Exploration Company Limited has hereunto caused its Common Seal to be affixed
the day and year first written above.
Signed and delivered by the said Sir Reginald
James Bowker, K.C.M.G., on behalf I James Bowker.
of Her Majesty’s Government in the | m. P. Hanagar.
presence of:
The Common Seal of the “ Shell ” Overseas
Exploration Company Limited was
hereunto affixed in the presence of:
(Sgd.) F. Godber, Director.
(Sgd.) J. H. Loudon, Director.
(Sgd.) Gordon Kerr, Secretary.

(a)

Letter, dated December 22, 1953, from the Political Officer, Qatar, to the
Ruler of Qatar on the Subject of the Political Agreement
I have the honour to state that Her Majesty's Government have been furnished
with a copy of an Agreement signed by you on 29th November 1952 granting to
Shell Overseas Exploration Co. Ltd. an oil concession over the sea-bed and sub-soil
beneath the waters of the Persian Gulf which lie beyond the territorial waters of
your State and fall within your jurisdiction.
Under instructions from Her Majesty’s Government I now enclose a copy of
an Agreement which was concluded between Her Majesty’s Government and Shell
Overseas Exploration Co. Ltd. on 15th December 1952.
It is desirable that there should be a clear understanding as to the position
which would arise in certain eventualities in connexion with these two agreements
This has already been discussed with you and I understand that you have already