Sun Jun 10, 2007 2:07 PM BST
AMSTERDAM, June 10 (Reuters) – Anglo-Dutch oil giant Royal Dutch Shell Plc. will continue to seek business in Russia, where last year it had to cede part of its Sakhalin-2 project, its chief executive told Dutch television.
Shell has the experience to win oil from difficult exploration areas in Russia and the company was not worried about doing business in the country, Chief Executive Jeroen van der Veer told Dutch news programme NOS Journaal in an interview late on Saturday.
“We are a normal company. We are looking at the fundamental aspects (of an investment) — is it good for the environment, good for the people, a successfully run project — and then we continue,” Van der Veer said.
Exxon Mobil Corp. Chief Executive Rex Tillerson last week said his company would likely need more clarity as to how the Russian government plans to treat foreign investors before it considers any new projects there.
Russia, holder of the world’s largest gas reserves, is tightening its grip on the country’s energy industry at a time when firms such as Shell are facing a growing challenge in gaining access to larger sources of new reserves.
State gas monopoly Gazprom bought half of the $22 billion Sakhalin-2 oil and gas project in December from Shell and its partners, sealing the Kremlin’s grip on the huge Russian energy sector.
BP Plc’s Russian joint-venture TNK-BP faces the possible loss of its Kovykta gas field in Eastern Siberia after official accusations last week it has breached the terms of its licence by under-producing.
© Reuters 2007. All Rights Reserved
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.
