§ 3. Mr. Dayasked the Secretary of State for Foreign Affairs the scale of the present royalties paid to the Government of Iraq by the company developing the Mosul oilfields; and particulars of the latest report received of the commercial development that has taken place in the Mosul oilfields?
§ Mr. EdenI assume the hon. Member to refer to the oilfields covered by the concessions of the Iraq Petroleum Company and the British Oil Development Company. In 1936 the total amount receivable by the Iraqi Government from the Iraq Petroleum Company was £776,980 gold as royalty payment, while from the British Oil Development Company the Iraqi Government received £200,000 gold as dead rent. As regards the second part of the question, I understand that the output of crude oil is about 4,000,000 tons a year.