Jan. 23, 2008, 6:58AM
© 2008 The Associated Press
DAVOS, Switzerland — The head of Royal Dutch Shell PLC said Wednesday that “conditions must improve” before the company could resume production that was cut because of unrest in Nigeria.
Speaking on the sidelines of the World Economic Forum, CEO Jeroen van der Veer told Dow Jones Newswires he would meet with Nigeria’s president, Umaru Yar’Adua, on Friday about security and energy funding.
Van der Veer said he hoped to regain its share of lost oil output but “conditions must improve for us to restart production, and we’re not there yet.”
At the meeting with Yar’Adua “we have lots to talk about. It’s not only about security, it’s also about funding. The lack of funding for some projects has caused issues with meeting targets. … It’s prevented us from ending all gas flaring,” he said.
Gas flaring means the burning off of natural gas found along with oil.
Yar’Adua confirmed the two men would meet and said he would seek more investment from Shell into Nigeria’s downstream energy sector.
“I want to extract from him a commitment to invest in the downstream sector in Nigeria,” Yar’Adua told reporters.
This would include projects related to domestic gas supply, fertilizer and petrochemicals.
He also broached idea than international companies could enter joint ventures with the national oil company to build power plants in the west African nation.
As for OPEC, of which Nigeria is a member, he said it was too early to know what decision the Organization of Petroleum Exporting Countries would take on oil supply when it meets Feb. 1 in Vienna, Austria.
He said Nigeria wanted “prices that are affordable for consumers so that we have sustained income.”
Facilities run by Shell and other oil multinationals working in Nigeria have come under renewed attack since the leading militant group in the delta region ended a self-imposed cease-fire in September 2007.
Attacks by the Movement for the Emancipation of the Niger Delta, or MEND, and other armed groups in the oil-rich but impoverished delta in the past two years have cut Nigeria’s oil exports of 2.5 million barrels a day by more than 20 percent and added pressure to global oil prices. More than 200 foreign oil workers have been kidnapped during the same period, with most of them released unharmed.
Nigeria is Africa’s leading oil exporter and the fifth-biggest source of U.S. oil imports.
http://www.chron.com/disp/story.mpl/ap/fn/5477695.html
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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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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
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