FROM THE WALL STREET JOURNAL
REUTERS NEWS SERVICE
July 12, 2006; Page B7
YINCHUAN, China — Royal Dutch Shell PLC and a unit of China’s top coal producer moved a step closer to a major coal-to-liquids project that could involve an investment of $5 billion to $6 billion, the two companies said.
Shell, a leader in liquefaction technology, and Shenhua Ningxia Coal Industry Co. — a unit of Shenhua Group, parent of listed China Shenhua Energy Co. — said they had agreed to pursue a three-year study of a plant in the remote western Ningxia region, after which they would make a final investment decision.
The plant will produce three million tons a year, or about 70,000 barrels per day, of liquid fuel. That is equivalent to about 1% of China’s overall oil demand.
“The total investment for a project of this kind would be around $5 billion to $6 billion,” said Lim Haw Kuang, Shell’s executive chairman in China.
The liquefaction project, which already has the Chinese government’s blessing, was proposed in a memorandum signed in February. If approved, it could start production in 2012, an official said.
Shell will have a minority stake in the venture, with its partner guaranteeing coal supplies. Mr. Lim believes oil prices will remain high enough to keep profits flowing.
“Today’s assessment is that it will be highly unlikely to be less than $30” a barrel, he said. At such prices, “this project will be very economically robust.”
The project also could offer an entry point for Shell into China’s tightly guarded retail market, with the two partners looking at setting up outlets for their fuel.
China has stepped up efforts to tap its coal reserves — the third-largest in the world — to ease its growing insecurity over rapidly rising oil imports.
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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.

























































