AFX Europe (Focus): Repsol, Shell sign 4 bln usd gas contract with Iran govt – report
Posted Sept 24 2004
MADRID (AFX) – Repsol YPF SA and Royal Dutch/Shell have reached an agreement with the Iranian Government to invest 4 bln usd in the extraction and marketing of natural gas from the country, El Pais reported without naming a source.
El Pais cited unnamed sector sources as saying that the agreement covers the construction of two gas platforms in the Persian Gulf and their corresponding processing and storage installations on the mainland, with the aim of producing 7 mln tonnes of LNG per year.
The newspaper said that state-run National Iranian oil Company (NIOC) will also participate in the contract, adding that the alliance is expected to start marketing the gas proceeding from the contract by 2010.
The project will involve the creation of an upstream company, in which Shell and Repsol will invest 1.5 bln usd, as well as a downstream company in which NIOC will hold a 50 pct share and the two oil companies 25 pct, El Pais said.
The initial investment for the downstream company has been set at 2.5 mln usd, the newspaper said.
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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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