BEIJING, Aug 13 Asia Pulse – U.S.-based oil giant Chevron has won a bid to cooperate with China’s largest oil producer in developing natural gas in southwest China’s Sichuan Province, business insiders said.
The cooperation will cover the Luojiazhai gas field that has a high sulfur content, ranging from 7.13 per cent to 10.49 per cent.
Two serious accidents have occurred at the gas field, one in December 2003 when the toxic gas blowout killed 243 people and the other in March last year when thousands were evacuated after gas leak.
The operator of the gas field – China National Petroleum Corporation (CNPC) was said to have begun last year to seek foreign partners in developing the field, which boasts a gas reserve of 58.11 billion cubic metres.
CNPC, also the parent company of the New York-and Hong Kong-listed PetroChina (SEHK:0857, NYSE:PTR), expanded the area covered by the cooperation to four blocks in total this year, and the move would make it more attractive to foreign partners as some insiders said.
The U.S. company has won the bid over rivals such as France’s Total S.A., the Royal Dutch Shell and the Statoil ASA of Norway, insiders said.
The two companies will have to sign a contract to fix how to split the total output from gas fields under their cooperation, they said.
CNPC has made no official announcement on the news yet.
Luojiazhai would be the third natural gas development project for the CNPC with foreign partners.
The company signed a deal with Total last year to explore the Sulige gas field in the Erdos Basin of Inner Mongolia.
CNPC is also jointly developing the Changbei gas field in the same region with Shell, and the two sides announced in March they had started commercial production in the field.
(XIC)
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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.
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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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