Le Petit Parisien in 1925: The struggle for Albanian oil between the United States of America, Britain and Italy

Le Petit Parisien article screenshot
Le Petit Parisien article screenshot

 The French newspaper, "Le Petit Parisien", published on Tuesday, February 17, 1925, on page 3, a story about the interests that arouse the Albanian oil to the Americans, the British and the Italians.

It seemed that the British were more near the Albanian government on this issue. But Americans have not hesitated to react protecting their economic interests. The American reaction has also sparked the Italian government.

Below you will find the full article, brought in Albanian language by Aurenc Bebja and translated in English by Oculus News.

"London, February 16 (Dep. Petit Paris.)

It is reported to Washington via the Exchange Telegraph that the US government has sent a protest letter to the Albanian government against the oil monopoly project given to an Anglo Persian Oil Company, thus to the British government.

Sinclair and Standard Oil Company claim that the concession in question will provide England with a virtual monopoly in all oil fields in Albania. The American paper is based on the fact that when the United States recognized officially Albania, they insisted on the principle of "equal competition" and asserts that this principle provides Mr. Sinclair and Standard Oil Company with equal rights with those of Anglo Persian Oil Company .

Ahmet Zog's government is said to have confirmed to the Anglo Persian Oil Company a concession in 1921. On the other side the Italian government has protested in Tirana seeking priority rights in the same field and negotiations on this issue were engaged in Rome between the British ambassador and the cabinet.
Le Petit Parisien in 1925: The struggle for Albanian oil between the United States of America, Britain and Italy Le Petit Parisien in 1925: The struggle for Albanian oil between the United States of America, Britain and Italy Saturday, December 09, 2017 Rating: 5
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