By BENOÎT FAUCON
August 15, 2007; Page A7
Royal Dutch Shell PLC is considering the sale of its 50% stake in German natural-gas-pipeline operator BEB Transport & Speicher Service GmbH, people familiar with the matter said.
German newspaper Manager Magazine reported that Shell and Exxon Mobil Corp., which owns the remaining 50%, are planning to sell the company. The people familiar with the matter, who weren’t aware of Exxon Mobil’s plans, said Shell has yet to make a decision to divest itself of its stake.
One person said Shell had been approached by several parties to buy BEB. The person said the joint venture could have a value of €1 billion, or nearly $1.4 billion. BEB operates 3,100 kilometers of natural-gas pipelines mostly in northern Germany.
The Anglo-Dutch oil company is looking at potentially swapping its stake against one or several assets elsewhere, not necessarily to obtain cash from it, the person said.
Shell has said it expects to offload about $9 billion in assets in 2007.
A Shell spokesman said Shell is always reviewing its portfolio on a case-by-case basis but wouldn’t comment on “speculation.”
An Exxon Mobil spokeswoman said, “We do not comment on market rumors.”
Write to Benoît Faucon at [email protected]
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.
