Financial Times: Admission of troubles at Sakhalin-2 fuels fears Shell might miss targets
“In a conference call with analysts and journalists, Shell executives said they had received an interim report that put the overall cost of the project at $20bn (£11.4bn) – about double the original estimate. They also said the project would not start deliveries of the super-cooled natural gas until summer 2008, at least eight months later than planned.”: “The news revived fears that Shell would be unable to meet its targets to produce an average of 3.8m-4m barrels of oil equivalent a day by 2009.”
Friday 14 July 2005
By Thomas Catan
Published: July 15 2005
Perched on a remote island off the east coast of Russia, Sakhalin-2 has long been cited as the sort of difficult and large-scale project that would help Royal Dutch/Shell turn round its flagging oil and gas production.
The liquefied natural gas project was seen as a bright spot for the world’s number-three oil company after a humbling year in which it had to slash its reserves of oil and gas five times.
Yesterday, however, the company confirmed rumours that its flagship project was running behind schedule and was badly over-budget.
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.
