YUZHNO-SAKHALINSK, Russia (MarketWatch) — Sakhalin Energy’s chief executive said Wednesday he was confident his company would resolve a conflict over alleged environmental violations soon.
“I do believe these issues will be resolved very quickly with the ministry” said Ian Craig, referring to Russia’s Ministry of National Resources.
Russian authorities had threatened to pull a key environmental permit for the company, a move Sakhalin Energy said Tuesday could create an additional $10 billion in costs for the project.
Craig noted that the ministry had “robustly defended” the validity of the permit in a separate court case as recently as August. He also admitted, however, that the work of unnamed subcontractors at the project had been “unsatisfactory.”
Russian authorities have accused Sakhalin Energy’s pipeline subcontractors of causing unnecessary erosion and environmental damage.
But Craig insisted that the current debate over Sakhalin Energy’s environmental permit was not due to shortcomings in the company’s work.
Many analysts believe that the Kremlin is increasing pressure on the project as a way to improve the terms of the deal for Russia.
Sakhalin-2, an offshore oil and natural gas development project in the northeastern area of Russia’s Sakhalin Island, is operated by international consortium Sakhalin Energy, in which Royal Dutch Shell PLC (RDSB.LN) has a 55% stake. A Mitsui & Co. (8031.TO) unit holds a 25% stake, and Diamond Gas Sakhalin, a Mitsubishi Corp. (8058.TO) unit, holds a 20% stake in the consortium.
-Edited by Jay Alabaster
-Contact: 201-938-5400
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.
