Bahrain Petroleum Company: payment of all royalties

This file contains agreements between the Ruler of Bahrain Sheikh Salman Bin Hamad Al Khalifa and the Bahrain Petroleum Company Limited (BAPCO) regarding future oil revenues. It includes:

• Comparisons with similar agreements, in Kuwait, Saudi Arabia and Iraq
• The Ruler's approval of the draft income tax law
• BAPCO's request for confirmation that these agreements were executed with the approval of HMG.