Formal discussions to revise the 1933 concession opened in Tehran between AIOC director Neville Gass and Iranian representative Hosayn Pirnia. Iran sought a larger share of oil income, while the...
Finance Minister Abbasqoli Golshaiyan and AIOC representative Neville Gass signed a supplemental revision of payments under the 1933 concession. It increased per-ton royalties but did not transfer...