Russia (Oil Concessions).

Oral Answers to Questions — Housing. – in the House of Commons on 2nd August 1922.

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Photo of Major Sir Richard Barnett Major Sir Richard Barnett , St Pancras South West

49.

asked the Prime Minister whether, in view of the statement that a monopoly concession over the Russian oilfields is about to be granted to a single oil group, he will take steps to discountenance any attempt on the part of a British firm or company to acquire such a concession over oil lands in Russia or Azerbaijan formerly held either by a foreigner or by a British national, except in cases where the consent of such previous owner has been first obtained?

Mr. CHAMBERLAIN:

I have no information about the proposed concession of an oil monopoly. The attitude of His Majesty's Government on the matter raised in the second part of the question is covered by the terms of the Resolution passed at The Hague on 20th July, and contained in the last section of Command Paper No. 1724.

Photo of Major Sir Richard Barnett Major Sir Richard Barnett , St Pancras South West

Will care be taken to see that the British owners of oil concessions in Russia receive the same protection under the international agreement as foreigners?

Mr. CHAMBERLAIN:

I think my hon. and gallant Friend had better look at the Paper.

Mr. CHAMBERLAIN:

Well, then, there is the answer.