By Nariman Gizitdinov and Eduard Gismatullin
Oct. 4 (Bloomberg) — ConocoPhillips, the third-largest U.S. oil company, is in talks with the Kazakh government about joining an offshore exploration project in the Caspian Sea that is already being sought by Royal Dutch Shell Plc.
The two companies are seeking stakes in the Nursultan oil fields, which may hold 637 million tons (4.7 billion barrels) of oil and gas reserves, according to KazMunaiGaz, Kazakhstan’s state oil company. Shell may gain 35 percent of the field, Kazakh Energy Minister Baktykozha Izmukhambetov said in June.
“One of them may become our strategic partner,” Zhaksybek Kulekeyev, First Vice President at KazMunaiGaz, told reporters today at an oil conference in Almaty, Kazakhstan’s largest city. “They both may join it. The Kazakh share will be no less than 50 percent.”
KazMunaiGaz expects investors to spend about $33.1 billion between 2003 and 2015 to tap fields in the Kazakh sector of the Caspian Sea, Zhakyp Marabaev, a director of KazMunaiGaz’s exploration unit, said at the same conference. Kazakhstan plans to offer investors as many as eight oil and gas fields in the northern Caspian Sea to more than double the nation’s oil output by 2015.
KazMunaiGaz will retain stakes of at least 50 percent in the fields.
Shell and ConocoPhillips are competing with China National Petroleum Corp., India’s Oil and Natural Gas Corp., Korea National Oil Corp., and Statoil ASA, Norway’s largest oil company, for the rights to develop offshore fields with estimated 3.2 billion tons of oil and gas, Marabaev said.
To contact the reporter on this story: Eduard Gismatullin and Nariman Gizitdinov in Almaty, through the Moscow newsroom at [email protected]
Last Updated: October 4, 2006 06:50 EDT
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.
