Forbes/AFX News: 12.18.06, 1:53 AM ET
TOKYO (AFX) – A Shell-led consortium is demanding supply guarantees and the promise of future cooperation with Gazprom as conditions for giving up control of the huge Sakhalin-2 project to the Russian gas giant, the Nihon Keizai Shimbun reported.
Royal Dutch Shell Plc (nyse: RDSA – news – people ) holds 55 pct of the project, while Mitsui and Co (nasdaq: MITSY – news – people ) and Mitsubishi Corp (other-otc: MSBHY.PK – news – people ) hold 25 pct and 20 pct respectively.
Shell is widely expected to hand over 30 pct of the project to Gazprom, with the Japanese trading houses ceding 10 pct each.
The chiefs of the three foreign companies met Friday in Moscow with Russian Energy Minister Viktor Khristenko and agreed to give their majority stake to Gazprom on three conditions, on which they are hoping to reach a basic agreement by the end of the year, the newspaper said.
The conditions include ensuring supply to customers that have already signed contracts, including Japan’s Tokyo Electric Power Co and Tokyo Gas Co, it said without specifying its sources.
The other conditions were finding ‘a transfer price acceptable to all parties’ and assurances that the companies can work with Gazprom on future projects.
Japan, which has few natural resources of its own, is the primary market for the gas from Sakhalin-2, which was to be the world’s biggest privately financed energy project.
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This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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.
