Economic obstacles hindering the multi billion dollar deal with Iran
Sat, 28 Jul 2007 22:48:31
Sources: Reuters, SHANA
The Royal Dutch Shell multinational oil company says the delay in reaching a deal with Iran is due to economic issues rather than political developments.
“Economic obstacles are hindering the multi-billion dollar gas project,” Shana news agency cited Reuters quoting the CEO of Royal Dutch Shell, Jeroen van der Veer, as saying in a press conference.
Shell has been attempting to reach an agreement with Iran to carry out its first LNG project, to be fed by the giant South Pars gas field, in the energy-rich southern region of the country.
Van der Veer said that Shell needs to agree on a viable technical plan and financial terms with the Iranian party before it considers the political climate and possible UN sanctions on investment. “We have to make sure we make the economics of such a project right.”
Meanwhile, the Financial Times reported on Thursday that American shareholders of the company have criticized Shell over its investment plans in Iran.
Some US pension-fund investors have recently called on Shell and seven other oil enterprises, including Total to take the risky situation caused by recent political developments into consideration and revise their investment plans in Iran.
MPR/GMA/KB
http://www.presstv.ir/detail.aspx?id=17705§ionid=351020103
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.
