(The following is a release issued by EBRD and it was received via electronic mail. The release has not been confirmed by the sender.)
Aug. 7 — By mutual agreement with OAO Gazprom and the other shareholders of the Sakhalin Energy Investment Company, it has been decided that the EBRD will not resume negotiations on financing the Sakhalin II project.
The EBRD withdrew from active consideration of the project in January because there was a significant change of shareholding of SEIC and the new shareholders were reviewing financing plans. In informal discussions with the EBRD since then, it became clear that in light of the timetable envisaged by the shareholders, the financing from the EBRD was not feasible. Gazprom, the majority shareholder, and the other shareholders of the SEIC have reached an advanced stage in the negotiations for the financing of Sakhalin II and now expect to reach financial closure in the next few months.
Gazprom and the EBRD now consider that it is preferable to focus on cooperation in other projects – such as promoting sustainable energy – where the experience and expertise of the EBRD can add significant value to Gazprom and Russia.
Kh (Lo)
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Last Updated: August 7, 2007 06:10 EDT
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.
