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ALBANIAN OILFIELDS.

ANGLO-AMERICAN RIVALRY. ':..';''•/ LONDON, Oct. 1. ~.. The. Vienna correspondent .of the Manchester Guardian says : To-day's sitting of the Albanian- Parliament at Tirana ~ : - : "wilF decide the fate of the oil concessions. -'' -The Anglo-Per3ian Company > asks for 100,000 acres at 75 gold centimes an acre ""and 13£ : per cent, of fhe-net profit. The "'"•Standard 1 Oil Company": offers almost double that price. The American Sinclair -groups bid half-way between the Anglo- - Persian and the Standard Oil Companies. ,--• It is learned that. a concession is likely >. to be granted to the .Anglo-Persian Com- - " panv, despite €he fact that its off is j the" lowest. The 1 '" Albanians prefer the British "group, believing that # Albania, needs Great Britain's help in 'any pos- '.. sible future Balkan, crisis. # \ . The voting on the concession is the last duty of . the present Parliament?, which •■- " will be • dissolved to-day. The new - elec- : - tions will be held in November.

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https://paperspast.natlib.govt.nz/newspapers/NZH19231015.2.99

Bibliographic details

New Zealand Herald, Volume LX, Issue 18530, 15 October 1923, Page 8

Word Count
150

ALBANIAN OILFIELDS. New Zealand Herald, Volume LX, Issue 18530, 15 October 1923, Page 8

ALBANIAN OILFIELDS. New Zealand Herald, Volume LX, Issue 18530, 15 October 1923, Page 8