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Compagnie Française des Pé

COMPAGNIE FRANçAISE DES PéTROLES (CFP)

a company, usually called cfp, formed to handle french share of mesopotamian oil.

Formed in 19231924, the Compagnie Française des Pétroles (CFP) was organized to handle the 25 percent French share of the Turkish Petroleum Company. This percentage of oil from Mesopotamia (now Iraq) was stipulated by the LongBerenger Agreement of 1919 and confirmed by the BritishFrench Oil Agreement of 1920. Owned in part by the government of France, CFP cosponsored the 1928 Red Line Agreement, and after World War II, it was part of the Iranian oil consortium.

see also britishfrench oil agreement; red line agreement.


Bibliography

Hurewitz, J. C., ed. The Middle East and North Africa in World Politics. New Haven, CT: Yale University Press, 1979.

Yergin, Daniel. The Prize: The Epic Quest for Oil, Money, and Power. New York: Simon and Schuster, 1991.

Zachary Karabell

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