LONDON (Thomson Financial) – Royal Dutch Shell PLC would not comment on reports the Kazakhstan authorities will review the Kashagan oil field contract, in which Shell holds a 18.52 pct stake, after operator ENI SpA announced further delays to the project.
A Shell spokesman said he would also not comment on how the impact of the delay — the new start-up date in 2010 is two years later than scheduled — would affect its own production forecasts.
‘On the issue of timing, because we are not the operator we don’t comment,’ he said.
Earlier Prime Minister Karim Masimov said his government will review the Kashagan contract after the Italian oil company last week announced a two-year postponement in the production launch.
And Kazakhstan Energy Minister Baktykozha Izmukhambetov was quoted by Interfax this morning as saying: ‘We are considering increasing the Kazakh share of profit (from the project) from 10 pct to 40 pct’.
Eni is the operator of Kashagan with an about 19 pct stake. Other western stakeholders are Total SA, Shell and ExxonMobil with 18.52 pct each and ConocoPhillips with 9.26 pct. Kazakhstan’s KazMunaiGaz hold 8.33 pct.
Alongside Kashagan, Shell has a 40 pct interest in a joint venture company, as well as a small interest in a pipeline and offshore oilfield in Kazakhstan.
In terms of its strategic interest in the country, the Shell spokesman said: ‘Kazakhstan is key part of our focus on increasing our upstream production’.
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
