THE TURKISH PETROLEUM COMPANY AND THE PARTITION OF MIDDLE EASTERN OIL
TÜRK PETROL ŞİRKETİ VE ORTADOĞU PETROLLERİNİN PAYLAŞIMI

Author : İhsan Şerif KAYMAZ
Number of pages : 561-584

Abstract

By the end of 1800’s the importance of petroleum had become apparent. It was the driving force behind industrialization. Besides, the military - strategic implications of petroleum for future control of the world seas was understood. Thereupon, western states and the companies turned their faces to the Middle East where for long was known to include rich oil reservoirs. First a group of leading German industrialists and bankers around Deutsche Bank stepped in the region. With the Berlin - Baghdad railway project, Germans had secured subsurface mineral rights, including oil along the path of the railway. With the inclusion of other powers a fierce competition ensued between the old rivals. Partitioning of the Middle Eastern oil, which could not be set apart from the partition of Ottoman lands, took place within and around the Turkish Petroleum Company (TPC) in the following years. The history of the TPC begins in 1914, and ends in 1929. But the rivalry and struggle over the partitioning of Middle Eastern oil using TPC as an instrument made its peak between the years of 1918 and 1925. In the article below, this struggle has been put forward depending mainly on original documents and some secondary items.

Keywords

Turkish Petroleum Company, oil, Britain, Turkey, Iraq

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