RAS AL KHAIMAH: SEARCH FOR OIL CONTINUES

Record ID: 344689

  • Title: RAS AL KHAIMAH: SEARCH FOR OIL CONTINUES
  • Date: 29th August 1966
  • Summary: SHAIKH SULTAN INSPECTS OIL DRILLING. Initials RH/VS/CR/PC Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 13th September 1966 13:00
  • Keywords:
  • Location: RAS AL KHAIMAH, TRUCIAL STATES, PERSIAN GULF
  • Country: Palestinian Territories
  • Reuters ID: LVA2661KSH0ZBMQBATUHNKSSFM4H
  • Story Text: RAS AL KHAIMAH IS ONE OF THE SMALLER TRUCIAL STATES ON THE PERSIAN GULF AND ONE OF THE POOREST. OIL HAS NOT BEEN DISCOVERED THERE BUT NOW PROSPECTS ARE PROMISING.

    RAS AL KHAIMAH WAS ONCE A PROSPEROUS AREA BUT IT'S ONLY INCOME FOR MANY YEARS HAS BEEN FROM FISHING AND AGRICULTURE WHILE OTHERS AROUND IT HAVE BECOME RICH FROM OIL.

    IT'S RULER, SHAIKH SULTAN, SAYS THAT WITH INCOME FROM OIL HE WOULD BE ABLE TO DEVELOP THE MINING OF MINERALS - SILVER AND PLATINUM - IN THE MOUNTAINS WHICH SURROUND HIS TINY CAPITAL.

    SHAIKH SULTAN ON FRIDAY INSPECTED THE DRILLING RIG OF AN AMERICAN COMPANY.

    RA AL KHAIMAH IS ONE OF THE SEVEN TRUCIAL STATES OF OMMAN.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2015. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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