875.6363/31: Telegram
The Commissioner in Albania ( Blake ) to the Secretary of State
[Received October 3—7:08 p.m.]
With reference to the Department’s telegram number 10, dated September 28, 5 p.m. Technical features of concession have [not?] been agreed upon but it is likely Albanian Cabinet will consider within a few days amount of the royalty to be exacted and if agreement [Page 607] is reached the matter will be sent immediately to Parliament for approval. The Government attaches as condition that the company to whom contract is awarded must undertake to provide a loan to Albania to be secured by production assigned to the State and Sinclair is the only company accepting this condition same having been rejected by the Anglo-Persian. Shell is inactive and no definite proposals have been made by other companies.
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