By Fred Pals
Oct. 30 (Bloomberg) — Qatar, the world’s largest shipper of natural gas, said natural gas is “very, very undervalued” compared with oil.
“I’m unhappy, unsatisfied with the gas price,” Qatari Oil Minister Abdullah bin Hamad al-Attiyah said at an oil conference in London today. The fuel is more environmentally friendly, and projects to construct liquefied natural gas plants have become very expensive, he said.
“The world is underestimating the importance of gas,” Al- Attiyah said.
Qatar, which has the world’s third-largest gas reserves after Russia and Iran, has LNG projects with foreign oil companies including Royal Dutch Shell Plc and Exxon Mobil Corp. It supplies LNG to India, Japan and Korea. Qatar’s proved gas reserves are estimated at about 900 trillion cubic feet of gas, according to BP Plc’s Statistical Review of World Energy.
Qatar’s plans to increase LNG exports won’t be affected by current prices, al-Attiyah said. “Qatar is committed to producing 77 million tons a year by 2010,” he added.
LNG is gas chilled and condensed to liquid form so it can be transported by ship.
To contact the reporter on this story: Fred Pals in Amsterdam at [email protected]
Last Updated: October 30, 2007 07:14 EDT
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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.
