Construction at Ormen Lange. PHOTO: CORNELIUS POPPE – SCANPIX (ARKIV)
Hydro’s gas landing facility at Ormen Lange will cost NOK 17 billion (USD 2.86 billion) more than planned, financial daily Dagens Næringsliv reports.
This is the cost for phase two of the development, which has risen in cost from NOK 20 billion to 37 billion. When parliament approved the extension in 2003 the construction budget was NOK 16 billion, calculated as NOK 20 billion in 2007 currency.
Phase one of the project is currently being completed, on schedule and on budget.
Project director Tom Røtjer believes it is wrong to focus on the estimates for phase two as many aspects of the final facility remain unclear. Also, costs from the supplier industry have doubled in recent years.
The announcement came after pressure from partners, including Shell and Statoil.
The overrun first became known via a leak at a Statoil presentation in connection with their first quarter results. This leak caused considerable irritation at Hydro, and also put Statoil’s overrun at their Snøhvit facility in a better light.
http://www.aftenposten.no/english/business/article1859023.ece
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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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