Buy custom The Causes of the Persian Gulf War
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| Topic: |
History
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| Number of pages / Number of words: |
7 / 1942 |
Essay's paper body
In 1912, several rival groups banded together to
establish the Turkish Petroleum Company (TPC), which would also seek a concession
to explore for Iraqi oil and would attempt to eliminate rivalry among the partners (Phyllis
and Moushabeck 49).
Establishment of the TPC did not, however, eliminate the rivalry among the
shareholders representing various national interests, such as those of Great Britain...
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After lengthy negotiations, a concession was finally
granted in 1925. In fact, numerous amounts of oil were discovered and because of the
continuous negotiations with the Iraqi government, the TPC was renamed the Iraqi
Petroleum Company (IPC) in 1929. This resulted in complete IPC control over the oil in
Iraq (Phyllis and Moushabeck 47-49)...
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