By Eduard Gismatullin – Mar 22, 2011 7:13 AM GMT+0000
Royal Dutch Shell Plc (RDSA), Europes largest oil company, said Japans nuclear accident will support world natural gas demand in the longer term.
Shell plans to increase liquefied natural gas supplies to Japan, the worlds largest buyer of LNG. The cost of building nuclear power generators will rise because governments will increase safety demands and compliance for the operators, said De La Rey Venter, Shells Global Head of LNG.
It will have a long-term impact on gas demand, simply because its unlikely that all of these facilities will come back on stream, he said in an interview in Amsterdam yesterday. Japan had quite an aggressive plan for new-builds, but that program will be challenged by public acceptance issues and that program will be less comprehensive and will take longer time than what was expected. Much of that structural change gap will be filled by natural gas.
Tokyo Electric Power Co. is battling to gain control of its Fukushima Dai-Ichi plant after the March 11 earthquake, Japans strongest. The utility has started scheduled power outages to conserve electricity to counter a shortfall in power supply.
In places like the America, Europe this is going to have a lasting effect on public opinion, which is going to drive the extent of nuclear power capacity construction, Graeme Wildgoose, an LNG consultant at Poten & Partners, said in an interview yesterday. Politics is driven by public opinion and nobody is going to sanction a nuclear project if all the population against it.
Japan will require an additional 10 billion cubic meters a year of LNG imports in the medium-term, Philip Olivier, president of GDF Suez (GSZ) LNG, forecast yesterday. Asia-Pacific LNG demand growth will rise by one percentage point to about 6 percent a year following the accident, he said.
Thats not an isolated incident. It will resonate elsewhere, Venter said. It will add to the cost of safety compliance in the nuclear industry. It strengthens the case for gas.
To contact the reporter on this story: Eduard Gismatullin in Amsterdam at [email protected]
To contact the editor responsible for this story: Will Kennedy at [email protected]
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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.
