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 operational control to Iran. Majlis ratification remained necessary; signature did not settle the sovereignty dispute.
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What was the Gass-Golshaiyan Agreement?
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Explanation
The linked event explains the context: A supplemental revision of payments under the 1933 concession.