Word: anglo-iranian
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Meanwhile, Anglo-Iranian announced it would close down the Abadan refinery this week. Official explanation: Abadan's storage tanks were overflowing and production had to stop. Actually, Britain was serving notice that while it would negotiate, it would stand for no more pushing around...
...world's peace, pressed forward to greet him: Iran's Foreign Minister Bagher Kazemi, representing a government hellbent on nationalizing oil; U.S. Ambassador Henry Grady, who had tried his hardest to mediate, failed, and was quitting (see NATIONAL AFFAIRS); Norman Richard Seddon, the Anglo-Iranian Oil Company's harassed chief representative in Iran; and British Ambassador Sir Francis Shepherd, who first said Harriman's mission had "not much point," later reversed himself on receiving tart word from London...
...month ago, Makki was sitting behind a rickety desk in a shabby room in downtown Teheran. Now he was taking over the billion-dollar Anglo-Iranian Oil Co., including the great Abadan refinery, which daily takes 500,000 barrels of crude oil at one end, and from the other pours gasoline, asphalt, kerosene at the rate of 2½ tank cars a minute. Makki is not an engineer but a politician, and busy letting everyone know that he expects to be the next Prime Minister. The "engineers" on his "temporary board of directors" last week included a mechanical engineer with...
...Peashooters. In Abadan, meanwhile, the remaining 2,200 British executives and technicians stewed at 125° F. in the shade and waited hopelessly for the break they knew would not come. One moment the Iranians wanted them to stay and work for the new Iranian National Oil Co., the next buffeted them savagely; looters boldly snatched packing cases while the police did nothing; Anglo-Iranian helplessly reported that $28,000 worth of refinery machine parts were being stolen every week...
...Crates Were Packed. In Abadan, the last planeloads of British women & children flew out. The word to evacuate would probably come soon. In London, Basil R. Jackson, Anglo-Iranian's deputy chairman, said: "They're just going to have to learn from bitter experience that they can't handle it [operating the fields and the refinery]." Abadan was already slowed down to 45% of its 500,000-bbl. daily capacity. Another 20 days, even of reduced output, and the tanks would be full and the great shutdown would come. Reluctant to finally slam the door, the British...