Red Line Agreement

E884251

The Red Line Agreement was a 1928 pact among major Western oil companies that divided up oil exploration and production rights within the former Ottoman Empire, shaping Middle Eastern petroleum politics for decades.

All labels observed (2)

Label Occurrences
Red Line Agreement canonical 3
Red Line Pact 1

How this entity was disambiguated

Statements (52)

Predicate Object
instanceOf cartel agreement
international economic agreement
oil agreement
affectedCountry Iraq
Jordan
Lebanon
Saudi Arabia
Syria
Turkey
aimedTo coordinate oil exploration among Western companies
maintain control over Middle Eastern oil
prevent competitive bidding for oil concessions
alsoKnownAs Red Line Pact
linked to: Red Line Agreement
appliesToRegion Middle East
former Ottoman Empire
linked to: Ottoman Empire
basedOnCompany Turkish Petroleum Company
characterizedAs oil cartel arrangement
concernsActivity oil exploration
oil production
concernsIndustry petroleum industry
createdFrom breakup of Turkish Petroleum Company
dateSigned 1928-07-31
declineReason changing political conditions in Middle East
emergence of independent oil companies in Middle East
definesBoundaryAs red line on map of former Ottoman Empire
establishedPrinciple no independent operations within red line without consent of all partners
excludesRegion Arabian Peninsula outside former Ottoman Empire
Egypt
Iran
Kuwait
historicalImpact contributed to dominance of Western oil majors in region
shaped Middle Eastern petroleum politics for decades
inForceUntil 1948
involvedCountry France
Netherlands
Ottoman Empire (successor states)
linked to: Ottoman Empire

United Kingdom
United States
involvedPerson Calouste Gulbenkian
legalStatus private commercial agreement
regulates concessions of Turkish Petroleum Company
relatedTo Achnacarry Agreement
Iraq Petroleum Company
San Remo Oil Agreement
signatoryCompany Anglo-Persian Oil Company
Calouste Gulbenkian
Compagnie Française des Pétroles
linked to: TotalEnergies

Near East Development Corporation
Royal Dutch Shell
signedIn Ostend
signedInCountry Belgium
yearSigned 1928

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Turkish Petroleum Company involvedIn Red Line Agreement
Iraq Petroleum Company notableAgreement Red Line Agreement
Near East Development Corporation relatedTo Red Line Agreement
Red Line Agreement alsoKnownAs Red Line Pact
linked to: Red Line Agreement