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FCO 8/2434

Oil affairs in Sharjah, 1975 Jan 01 - 1975 Dec 31

This file concerns oil affairs in Sharjah. It contains correspondence on: Sharjah's claim to a twelve mile territorial water limit around Sir Abu Nu'air [Sir Abu Nu'ayr] Island, which would impinge on Dubai's concession area The Ruler of Sharjah Sheikh Sultan Bin Mohammad Al Qasimi's confidence about Sharjah's oil prospects, and concerns that his advisors might be misleading him Reports that oil production has fallen to low levels Sheikh Sultan's cash flow problems as a result of lower than expected oil revenues and high development expenditure

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