Oil affairs in Persian Gulf

FCO 8/1964 1972 Dec 22 - 1973 Dec 31

This file relates to the oil industry in the Gulf. It contains:

  • The Middle East Economic Survey, Volume XVI, Numbers 9-10, 22-29 December 1972, which provides a weekly review of news and views on Middle East oil
  • Petroleum Intelligence Weekly, 25 December 1972 and 1 January 1973
  • Press cuttings from the Oil and Gas Journal, dated 9 October 1972, and the Daily Telegraph, dated 6 February 1973

This file also contains notes, including maps, on the oil industries in:

  • Oman, including sections on the background, production, exports, revenues, reserves, natural gas, the state's attitude to the oil industry, and British interests
  • Sharjah, Umm Al Quwain, Ajman, Ras Al Khaimah and Fujairah, including a note on the sovereignty dispute with Iran over Abu Musa and the Tunb Islands
  • Dubai
  • Abu Dhabi, including a note on the oil companies operating there: Abu Dhabi Petroleum Company Limited, Abu Dhabi Marine Areas Limited, El Bunduq Oil Company, Phillips Petroleum Company-Azienda Generale Italiana Petroli (Agip)-Aminoil group, Middle East Oil Company Limited, and the Amerada Hess Corporation-Pan Ocean group
  • Qatar, including a note on the oil companies operating there: Qatar Petroleum Company Limited; Shell Company of Qatar Limited; and Qatar Oil Company (Japan)
  • Bahrain

This file also contains correspondence, briefs, and minutes of meetings relating to:

  • An oil participation agreement between Abu Dhabi and Saudi Arabia
  • Talks between A D Parsons and the US Ambassador to Kuwait William Alfred Stoltzfus, Jr regarding oil problems in the Arabian Peninsula and the possibility of military intervention by the US and other Western powers
  • The increasing strength of the oil producing countries in comparison to the oil companies
  • Talks between Prime Minister Edward Heath and US President Richard Nixon on 1-2 February 1973
  • A seminar series at the School of Oriental and African Studies on the international petroleum industry
  • Taxation problems between the Inland Revenue and the oil companies' operations in the Middle East
  • Changes in the US energy situation during the previous 15 years
  • The significance of the oil companies to the economy and the question of price increases
  • Romania's intention to build oil tankers to carry its supplies of Middle East crude for refining in Romania