Eric Watkins
Senior Correspondent
LOS ANGELES, Jan. 18 — The World Wildlife Fund (WWF) has urged international lending institutions to follow the lead of the European Bank for Reconstruction & Development and not provide loans for the Sakhalin-2 project due to environmental concerns.
“The WWF and other international organizations have appealed to potential Sakhalin-2 sponsors to adopt the correct environmental position and follow the example of the European Bank for Reconstruction & Development, which refused to provide the project with $300 million in financing on Jan. 11,” WWF said in a statement.
It said credit export agencies in Japan, the UK, and the US, as well as a number of private banks like ABN Amro, Royal Bank of Scotland, and Mizuho are still considering the Sakhalin-2 project for a loan of up to $10 billion.
WWF said other companies could finance the project “only if they sacrifice their principles for providing loans, or make them less strict, because the project is already almost completed and many flaws are already impossible to rectify, for example, the technology for onshore pipeline construction.”
In December, following investigations by Russia’s Federal Service for Supervising Natural Resources (Rosprirodnadzor), OAO Gazprom agreed to acquire, for $7.45 billion, a 50%-plus-one share stake from Sakhalin-2 project operator Sakhalin Energy Investment Co. Ltd.—Royal Dutch Shell PLC, Mitsui & Co., and Mitsubishi Corp.
Since then, Rosprirodnadzor deputy head Oleg Mitvol said Gazprom is expected to submit a plan, possibly in February, to remediate violations of environmental laws in relation to the Sakhalin-2 project.
“We had a meeting with Gazprom before New Year and agreed that the company would present to us a mitigation plan related to the project. Tentatively it should happen in a month’s time but we did not set any clear deadline,” he said.
Mitvol said the results of Rosprirodnadzor’s inspection of Sakhalin-2 were announced in November. He said a cost estimate will be made—perhaps this summer—of the damage caused by the violation of environmental laws by the project’s operator.
Meanwhile, on Jan. 17, international nongovernment organizations reportedly sent a letter to Gazprom proposing to start constructive dialogue to bring the Sakhalin-2 project into compliance with Russian legislation and international environmental and social standards.
Contact Eric Watkins at [email protected].
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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.
