FUEL FOR POWER: The European Bank for Reconstruction and Development’s likely move to abandon a loan to Sakhalin II after Royal Dutch Shell PLC and its two partners were forced to sell a 50% stake in the huge energy project in Russia’s far east to Russian natural-gas giant OAO Gazprom likely won’t jeopardize the $22 billion project. Furthermore, it likely won’t threaten overall funding for big Russian energy projects, as Western investors remain interested in Russia in general and its vast natural resources in particular.
But the bank’s potential change of heart underscores the dismay in the West over increasing state control in the Russian oil-and-gas industry and the Kremlin’s treatment of foreign investors, as Guy Chazan reports. The project is the biggest foreign investment in Russia. The bank, set up in 1991 by Western governments to support the private sector in former Communist states making the transition to a free market economy, had planned to lend Sakhalin II about $300 million.
Meanwhile, Moscow’s last-minute deal sharply raising the price of Russian natural gas to Belarus highlights the success of a Kremlin energy policy that the West has denounced as bordering on blackmail. By showing that it is willing to cut off countries that won’t accept rate increases, Russia has ended an era of cheap energy supplies to former Soviet republics, as Alan Cullison reports.
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.
