§ 70. Captain PEAKEasked the Under-Secretary of State for the Colonies whether the Government of Iraq are now being paid any royalties by the Turkish Petroleum Company for the rights to develop the Mosul oilfields; whether commercial development of these oilfields has been commenced; and can he give particulars?
§ Dr. SHIELSI understand that no royalties have yet been paid to the Iraq Government by the Iraq Petroleum Company (as the Turkish Petroleum Company is now called) in respect of the Mosul oilfields, since the stage of commercial development has not yet been reached in respect of these fields.